Lee Enterprises Inc. (LEE) Shares Up 2%
Lee Enterprises Inc. (NYSE:LEE)’s share price shot up 2% on Tuesday . The stock traded as high as $2.56 and last traded at $2.49, with a volume of 75,515 shares trading hands. The stock had previously closed at $2.44.
Several research firms have recently weighed in on LEE. Zacks Investment Research cut Lee Enterprises from a “hold” rating to a “sell” rating in a report on Tuesday, June 7th. TheStreet cut Lee Enterprises from a “hold” rating to a “sell” rating in a report on Monday, June 6th.
The company’s 50 day moving average is $1.99 and its 200-day moving average is $1.85. The stock has a market cap of $138.31 million and a PE ratio of 3.02.
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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