Safestore Holdings Plc (LON:SAFE – Get Free Report) crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 715.78 and traded as low as GBX 610. Safestore shares last traded at GBX 630.50, with a volume of 186,636 shares trading hands.
Safestore Stock Down 2.1%
The stock has a market cap of £1.35 billion, a P/E ratio of 12.19, a P/E/G ratio of 2.05 and a beta of 1.17. The company’s 50 day moving average price is GBX 659.90 and its 200-day moving average price is GBX 715.78.
Insider Transactions at Safestore
In related news, insider Simon Clinton bought 6,166 shares of the stock in a transaction that occurred on Monday, March 23rd. The stock was acquired at an average cost of GBX 613 per share, with a total value of £37,797.58. 7.87% of the stock is currently owned by corporate insiders.
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. In addition, the Group operates 7 stores in Germany under a Joint Venture agreement with Carlyle.
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