Safestore (OTCMKTS:SFSHF) Shares Gap Down – Should You Sell?

by · The Cerbat Gem

Shares of Safestore Holdings PLC (OTCMKTS:SFSHF – Get Free Report) gapped down prior to trading on Tuesday . The stock had previously closed at $10.99, but opened at $9.5580. Safestore shares last traded at $9.5580, with a volume of 282 shares.

Wall Street Analysts Forecast Growth

Several brokerages have recently commented on SFSHF. Oddo Bhf raised shares of Safestore to an “outperform” rating in a research report on Thursday, January 15th. Barclays downgraded shares of Safestore from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, February 10th. Finally, Kepler Capital Markets lowered shares of Safestore from a “hold” rating to a “strong sell” rating in a report on Tuesday, February 10th. One equities research analyst has rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, Safestore presently has an average rating of “Hold”.

View Our Latest Report on Safestore

Safestore Stock Down 13.0%

The company has a debt-to-equity ratio of 0.38, a current ratio of 0.28 and a quick ratio of 0.28. The company’s 50 day simple moving average is $10.34 and its 200 day simple moving average is $9.29.

About Safestore

(Get Free Report)

Safestore (OTCMKTS:SFSHF) is a leading European self-storage operator providing secure storage solutions for personal and business customers. The company’s facilities offer a wide range of unit sizes, climate-controlled spaces, container storage, and value-added services such as packing materials and insurance. Safestore’s focus on convenience and security is supported by 24/7 access, state-of-the-art surveillance systems, and an integrated online platform for reservations and account management.

Founded in 1998 and headquartered in the United Kingdom, Safestore has expanded through a combination of organic growth and acquisitions to operate over 130 locations across the UK and France.

Featured Articles