4. As of noon trading, Safeway ( SWY) is down $0.45 (-2.7%) to $16.31 on light volume Thus far, 2.3 million shares of Safeway exchanged hands as compared to its average daily volume of 6.1 million shares. The stock has ranged in price between $16.17-$16.74 after having opened the day at $16.70 as compared to the previous trading day's close of $16.76. Safeway Inc., together with its subsidiaries, operates as a food and drug retailer in North America. Safeway has a market cap of $4.0 billion and is part of the retail industry. The company has a P/E ratio of 8.9, below the S&P 500 P/E ratio of 17.7. Shares are down 21.1% year to date as of the close of trading on Monday. Currently there are 5 analysts that rate Safeway a buy, 4 analysts rate it a sell, and 8 rate it a hold. TheStreet Ratings rates Safeway as a hold. The company's strengths can be seen in multiple areas, such as its increase in net income, notable return on equity and attractive valuation levels. However, as a counter to these strengths, we also find weaknesses including generally higher debt management risk, poor profit margins and weak operating cash flow. Get the full Safeway Ratings Report now.