Safeway (NYSE:SWY) has announce it will begin selling transportation cards at 39 of its store locations.
Safeway (NYSE:SWY) company shares stood at 21.46 at the end of trading on 12/6/2010.
Safeway (NYSE:SWY) Now Stocks SmarTrip Cards
Thirty-nine Safeway stores in the Washington region began selling Metro’s electronic fare cards are now available in thirty-nine stores of the company which cost $5 but users get discounts during the journey on the rail network as well as bus compared to the price of using paper fare cards. Rail users gets 25 cents less per trip and bus riders gets 20 cents less when using electronic cards.
Metro wishes to promote using the rechargable SmarTrip cards, which are more efficient.
If you’re contemplating investing in Safeway (NYSE:SWY) shares, make sure you do it at the right price. Finding a gap in the market or technical analysis can be a difficult task, but do consider the historical price data:
Last Price: 21.46
52 Week Low / High: 18.73 / 27.04
50 Day Moving Average: 22.26
6 Month Price Change %: 1.4%
12 Month Price Change %: -3.8%
We’ll be keeping a close eye on the Safeway (NYSE:SWY) share price for developments over the next few weeks.
