Safestore (OTCMKTS:SFSHF) Hits New 52-Week Low – Should You Sell?

Safestore Holdings Plc (OTCMKTS:SFSHFGet Free Report)’s stock price hit a new 52-week low during mid-day trading on Friday . The company traded as low as $8.15 and last traded at $8.15, with a volume of 1651 shares traded. The stock had previously closed at $8.30.

Wall Street Analysts Forecast Growth

Separately, Barclays cut Safestore from a “strong-buy” rating to a “hold” rating in a report on Friday, October 4th.

Check Out Our Latest Analysis on Safestore

Safestore Stock Performance

The stock’s 50 day simple moving average is $9.99 and its two-hundred day simple moving average is $10.39.

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.

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