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Safestore (OTCMKTS:SFSHF) Trading 10.4% Higher - Still a Buy?

Safestore logo with Finance background

Safestore Holdings Plc (OTCMKTS:SFSHF - Get Free Report)'s stock price was up 10.4% during trading on Friday . The stock traded as high as $8.85 and last traded at $8.85. Approximately 276 shares were traded during mid-day trading, a decline of 55% from the average daily volume of 618 shares. The stock had previously closed at $8.01.

Safestore Stock Performance

The firm has a 50 day simple moving average of $7.53 and a 200-day simple moving average of $8.21.

Safestore Company Profile

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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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