Shares of SKS fell by 7.76% or $-0.65/share to $7.73. Saks Incorporated is trading at a price to book ratio of 1.11. This indicates that the shares are relatively cheap compared to book value which means the market is pricing in going concern value. The PEG is 1.38. The price to sales ratio came in at 0.46. Hence, the firm is extremely cheap relative to its top line sales figures. On average, 2913980 shares of SKS exchange hands on a given day and today's volume is recorded at 1771170. These financial metrics combined make this company seem undervalued. Value investors may have an eye on this one, especially if the stock gets cheaper.
Saks Incorporated is a fashion retail company offering an assortment of luxury fashion apparel, shoes, accessories, jewelry, cosmetics, and gifts.
