Lee Enterprises Inc. (LEE) Trading 7.5% Higher
Lee Enterprises Inc. (NYSE:LEE)’s share price traded up 7.5% during mid-day trading on Tuesday . The company traded as high as $2.15 and last traded at $2.14, with a volume of 118,457 shares changing hands. The stock had previously closed at $1.99.
A number of equities analysts have recently issued reports 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, May 10th. TheStreet cut shares of Lee Enterprises from a “hold” rating to a “sell” rating in a research note on Monday, June 6th.
The firm has a market capitalization of $122.70 million and a P/E ratio of 2.68. The stock’s 50-day moving average price is $1.95 and its 200 day moving average price 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.
Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.