Lee Enterprises Inc. (LEE) Trading 7.5% Higher
Lee Enterprises Inc. (NYSE:LEE) traded up 7.5% during trading on Tuesday . The company traded as high as $2.15 and last traded at $2.14, with a volume of 118,457 shares. The stock had previously closed at $1.99.
A number of equities research analysts have commented on the stock. Zacks Investment Research cut shares of Lee Enterprises from a “hold” rating to a “sell” rating in a research note on Tuesday, June 7th. TheStreet cut shares of Lee Enterprises from a “hold” rating to a “sell” rating in a research note on Monday, June 6th.
The company has a market cap of $125.35 million and a PE ratio of 2.85. The stock’s 50 day moving average is $1.94 and its 200-day moving average is $1.82.
Lee Enterprises, Incorporated is a provider of local news and information, and a platform for advertising. The Company’s products include approximately 50 daily and approximately 38 Sunday newspapers with print and digital subscribers. The Company offers approximately 300 weekly newspapers, and classified and niche publications.
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