Safeway (SWY) Getting Somewhat Favorable Press Coverage, Report Finds

News articles about Safeway (NYSE:SWY) have been trending somewhat positive this week, Accern Sentiment reports. The research firm identifies negative and positive news coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Safeway earned a media sentiment score of 0.04 on Accern’s scale. Accern also gave media coverage about the company an impact score of 45.1018447553788 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near term.

Shares of Safeway (NYSE SWY) remained flat at $$35.10 on Tuesday. Safeway has a 1-year low of $29.82 and a 1-year high of $40.25. The stock 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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About Safeway

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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