Shares of L traded higher by 0.49% or $0.18/share to $36.73. Loblaw Companies Limited is trading at a price to book ratio of 1.73. The price to sales ratio came in at 0.33. Hence, the firm is extremely cheap relative to its top line sales figures. On average, 306041 shares of L.TO exchange hands on a given day and today's volume is recorded at 215528. 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.
