Lee Enterprises, Incorporated (LEE) Reaches New 52-Week High at $2.80
Lee Enterprises, Incorporated (NYSE:LEE) hit a new 52-week high during mid-day trading on Monday . The stock traded as high as $2.80 and last traded at $2.80, with a volume of 204,872 shares trading hands. The stock had previously closed at $2.60.
Several equities research analysts have issued reports on LEE shares. Zacks Investment Research lowered shares of Lee Enterprises, from a “hold” rating to a “sell” rating in a research note on Tuesday, May 10th. TheStreet lowered shares of Lee Enterprises, from a “hold” rating to a “sell” rating in a research note on Monday, June 6th.
The stock has a market cap of $152.81 million and a P/E ratio of 3.34. The firm has a 50-day moving average of $2.10 and a 200-day moving average of $1.90.
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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