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Safestore (OTCMKTS:SFSHF) Stock Price Up 5% - Here's Why

Safestore logo with Finance background

Key Points

  • Safestore Holdings PLC's shares increased by 5%, reaching a high of $9.11 during trading on Friday.
  • The company operates as the largest self-storage group in the UK, with 190 stores across the UK, France, Spain, the Netherlands, and Belgium as of October 31, 2023.
  • Safestore reported a debt-to-equity ratio of 0.37 and a current ratio of 0.09, indicating its current financial health and liquidity position.
  • Looking to export and analyze Safestore data? Unlock 5 Weeks of MarketBeat All Access for Just $5. Claim Your Limited-Time Discount.

Safestore Holdings PLC (OTCMKTS:SFSHF - Get Free Report) traded up 5% during trading on Friday . The stock traded as high as $9.11 and last traded at $9.11. 250 shares changed hands during trading, an increase of 141% from the average session volume of 104 shares. The stock had previously closed at $8.68.

Safestore Stock Down 1.2%

The company has a debt-to-equity ratio of 0.37, a quick ratio of 1.10 and a current ratio of 0.09. The stock's 50 day moving average price is $8.89 and its 200-day moving average price is $8.09.

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.

Further Reading

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