Somewhat Positive Press Coverage Somewhat Unlikely to Impact Safeway (SWY) Stock Price
News articles about Safeway (NYSE:SWY) have trended somewhat positive recently, according to Accern. Accern scores the sentiment of press coverage by reviewing more than twenty million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Safeway earned a coverage optimism score of 0.03 on Accern’s scale. Accern also assigned media coverage about the company an impact score of 43.8896989394677 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.
Safeway (SWY) remained flat at $$35.10 during trading on Tuesday. Safeway has a 1-year low of $29.82 and a 1-year high of $40.25. The company has a market capitalization of $8,090.00, a P/E ratio of 292.50 and a beta of 1.09.
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Safeway Inc, is an food and drug retail company. The Company owns and operates GroceryWorks.com Operating Company, LLC, an online grocery channel doing business under the names Safeway.com and Vons.com. Blackhawk, a majority-owned subsidiary of Safeway, is a prepaid payment network utilizing proprietary technology to offer gift cards, other prepaid products and payment services.
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