Shares of SWY traded higher by 5.43% or $0.975/share to $18.94. Safeway Inc. is trading at a price to book ratio of 1.35. The PEG is 1.26. The price to sales ratio came in at 0.15. Hence, the firm is extremely cheap relative to its top line sales figures. On average, 6749860 shares of SWY exchange hands on a given day and today's volume is recorded at 2750744. These financial metrics combined make this company seem undervalued. Lookout for any takeover chatter or takeover news regarding this stock as one of the bigger players may have an eye on this one.
Safeway Inc. (Safeway) is a food and drug retailer in North America.
