Shares of DEG fell by 1.34% or $-0.78/share to $57.33. Etablissements Delhaize Freres et Cie Le Lion S.A. is trading at a price to book ratio of 0.84. This indicates that the value of the company's underlying assets exceeds today's market price. The PEG is 0.97 suggesting that the shares are trading at an excellent value relative to firm's growth rate. The price to sales ratio came in at 0.21. Hence, the firm is extremely cheap relative to its top line sales figures. On average, 39294 shares of DEG exchange hands on a given day and today's volume is recorded at 16319. 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.
Delhaize Group is a Belgium-based food retailer. The Company is principally engaged in the operation of supermarkets in Belgium, the United States (Southeast and Mid-Atlantic as well as Northeast and Sweetbay in Florida) and Greece, with smaller operations in Romania and Indonesia.
