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Safestore (LON:SAFE) Stock Crosses Above 200-Day Moving Average - Time to Sell?

Safestore logo with Real Estate background

Shares of Safestore Holdings Plc (LON:SAFE - Get Free Report) crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 646.67 ($8.59) and traded as high as GBX 652.50 ($8.67). Safestore shares last traded at GBX 650 ($8.63), with a volume of 394,664 shares trading hands.

Safestore Stock Performance

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 fifty day moving average price is GBX 605.64 and its 200-day moving average price is GBX 646.67. The stock has a market cap of £1.42 billion, a PE ratio of 5.36, a P/E/G ratio of 2.05 and a beta of 0.86.

Insider Buying and Selling at Safestore

In related news, insider Frederic Vecchioli acquired 65,000 shares of the stock in a transaction on Tuesday, April 8th. The stock was bought at an average cost of GBX 553 ($7.35) per share, with a total value of £359,450 ($477,484.06). 2.77% of the stock is owned by corporate insiders.

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.

See Also

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