Liberum Capital reiterated their buy rating on shares of Safestay (LON:SSTY) in a research note released on Monday, ThisIsMoney.Co.Uk reports.

Shares of SSTY stock traded down GBX 1.50 ($0.02) on Monday, reaching GBX 24.50 ($0.32). 37,275 shares of the company’s stock traded hands, compared to its average volume of 11,233. Safestay has a 12-month low of GBX 29 ($0.38) and a 12-month high of GBX 49 ($0.64). The company has a debt-to-equity ratio of 212.53, a quick ratio of 1.61 and a current ratio of 1.62. The company has a market capitalization of $16.17 million and a P/E ratio of -12.25. The business’s 50 day moving average price is GBX 35.23 and its two-hundred day moving average price is GBX 33.64.

About Safestay

Safestay plc operates and develops traveller accommodation under the Safestay brand in the United Kingdom. It provides overnight hostel accommodation services and owns properties. The company serves families, school groups, young adults, backpackers, and business travelers. Safestay plc was incorporated in 2014 and is based in London, the United Kingdom.

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