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Safestore (OTCMKTS:SFSHF) Shares Gap Up - What's Next?

Safestore logo with Finance background

Key Points

  • Safestore Holdings PLC (OTCMKTS:SFSHF) saw its shares gap up on Friday, opening at $9.11 from a previous close of $8.68.
  • The stock has risen by 5.0% and had a trading volume of 250 shares shortly after the opening.
  • Safestore is recognized as the UK's largest self storage group, with 190 stores across multiple regions, including the UK, Paris, Spain, Netherlands, and Belgium.
  • The company's financial ratios indicate a quick ratio of 1.10 and a debt-to-equity ratio of 0.37, highlighting its relatively stable financial position.
  • Five stocks to consider instead of Safestore.
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Safestore Holdings PLC (OTCMKTS:SFSHF - Get Free Report)'s stock price gapped up prior to trading on Friday . The stock had previously closed at $8.68, but opened at $9.11. Safestore shares last traded at $9.11, with a volume of 250 shares changing hands.

Safestore Stock Up 5.0%

The firm's fifty day moving average is $8.85 and its 200 day moving average is $8.07. The company has a quick ratio of 1.10, a current ratio of 0.09 and a debt-to-equity ratio of 0.37.

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

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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