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Thursday, February 7, 2013

Excellent Stock Value (NYSE: SWY)

Shares of SWY traded higher by 4.38% or $0.85/share to $20.24. NYSE is trading at a price to book ratio of 1.67. The PEG is 0.83 suggesting that the shares are trading at an excellent value relative to firm's growth rate. The price to sales ratio came in at 0.11. Hence, the firm is extremely cheap relative to its top line sales figures. On average, 4715860 shares of SWY exchange hands on a given day and today's volume is recorded at 7611701. 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.