Safestore (OTCMKTS:SFSHF) Shares Up 5% - Should You Buy?

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.

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

Safestore Trading Up 5.0%

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 moving average price is $8.87 and its 200-day moving average price is $8.08.

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.

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