Safeway (NYSE:SWY) Receiving Somewhat Negative Press Coverage, Analysis Shows
Media stories about Safeway (NYSE:SWY) have been trending somewhat negative recently, Accern Sentiment reports. The research group identifies positive and negative media coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Safeway earned a media sentiment score of -0.11 on Accern’s scale. Accern also assigned news headlines about the company an impact score of 43.5833266249751 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
Shares of Safeway (SWY) remained flat at $$35.10 during trading on Monday. The firm has a market cap of $8,090.00, a PE ratio of 292.50 and a beta of 1.09. Safeway has a 12 month low of $29.82 and a 12 month high of $40.25.
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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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