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Safestore (OTCMKTS:SFSHF) Shares Gap Up - Here's What Happened

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.
  • Need better tools to track Safestore? Try 5 Weeks of MarketBeat All Access for $5. Start Portfolio Tracking Now.

Shares of Safestore Holdings PLC (OTCMKTS:SFSHF - Get Free Report) 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.

Safestore Trading Down 1.2%

The company has a debt-to-equity ratio of 0.37, a current ratio of 0.09 and a quick ratio of 1.10. The business's fifty day simple moving average is $8.89 and its 200 day simple moving average is $8.09.

Safestore Company Profile

(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.

Further Reading

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