Lee Enterprises Inc. (NYSE:LEE) shares 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. The stock had previously closed at $2.44.

LEE has been the topic of several recent research reports. Zacks Investment Research downgraded Lee Enterprises from a “hold” rating to a “sell” rating in a research note on Tuesday, May 10th. TheStreet downgraded Lee Enterprises from a “hold” rating to a “sell” rating in a research note on Monday, June 6th.

The stock has a market capitalization of $139.99 million and a P/E ratio of 3.06. The stock has a 50 day moving average price of $2.02 and a 200 day moving average price of $1.86.

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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