Safestore (LON:SAFE) Stock Crosses Above 200 Day Moving Average – Should You Sell?

Shares of Safestore Holdings Plc (LON:SAFEGet Free Report) passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 828.03 ($10.81) and traded as high as GBX 869 ($11.35). Safestore shares last traded at GBX 866.50 ($11.31), with a volume of 297,053 shares.

Safestore Price Performance

The company has a market capitalization of £1.91 billion, a P/E ratio of 728.10, a P/E/G ratio of 2.05 and a beta of 0.86. The company has a current ratio of 0.42, a quick ratio of 0.90 and a debt-to-equity ratio of 42.94. The business’s fifty day moving average price is GBX 871.37 and its 200-day moving average price is GBX 828.03.

About Safestore

(Get Free Report)

Safestore is the UK's largest self storage group with 190 stores on 31 October 2023, comprising 133 wholly owned stores in the UK (including 73 in London and the South East with the remainder in key metropolitan areas such as Manchester, Birmingham, Glasgow, Edinburgh, Liverpool, Sheffield, Leeds, Newcastle, and Bristol), 29 wholly owned stores in the Paris region, 11 stores in Spain, 11 stores in the Netherlands and 6 stores in Belgium.

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