Lee Enterprises Inc. (LEE) Reaches New 1-Year High at $2.80
Shares of Lee Enterprises Inc. (NYSE:LEE) reached a new 52-week high on Monday . The stock traded as high as $2.80 and last traded at $2.80, with a volume of 204,872 shares. The stock had previously closed at $2.60.
LEE has been the topic of several research reports. Zacks Investment Research upgraded Lee Enterprises from a “hold” rating to a “buy” rating and set a $2.25 price target on the stock in a report on Tuesday, August 9th. TheStreet cut Lee Enterprises from a “hold” rating to a “sell” rating in a report on Monday, June 6th.
The stock has a market cap of $153.37 million and a P/E ratio of 3.35. The firm has a 50 day moving average of $2.06 and a 200-day moving average of $1.87.
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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