Safestore Holdings Plc (LON:SAFE) Insider Acquires £305,490 in Stock

Safestore Holdings Plc (LON:SAFE - Get Free Report) insider Frederic Vecchioli bought 51,000 shares of the firm's stock in a transaction dated Thursday, April 17th. The stock was purchased at an average price of GBX 599 ($7.98) per share, for a total transaction of £305,490 ($406,777.63).

Frederic Vecchioli also recently made the following trade(s):

• On Tuesday, April 8th, Frederic Vecchioli bought 65,000 shares of Safestore stock. The shares were acquired at an average cost of GBX 553 ($7.36) per share, with a total value of £359,450 ($478,628.50).

Safestore Stock Performance

Shares of LON:SAFE remained flat at GBX 607 ($8.08) during midday trading on Friday. 533,291 shares of the stock traded hands, compared to its average volume of 1,783,315. Safestore Holdings Plc has a 12-month low of GBX 525.50 ($7.00) and a 12-month high of GBX 930 ($12.38). The stock has a market cap of £1.32 billion, a P/E ratio of 5.00, a P/E/G ratio of 2.05 and a beta of 0.86. The company has a debt-to-equity ratio of 41.53, a quick ratio of 0.90 and a current ratio of 0.89. The business's 50-day moving average is GBX 595.04 and its 200 day moving average is GBX 670.50.

Safestore Company Profile

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.