Lee Enterprises Inc. (LEE) Hits New 1-Year High at $2.98
Lee Enterprises Inc. (NYSE:LEE) hit a new 52-week high during mid-day trading on Thursday . The company traded as high as $2.98 and last traded at $2.90, with a volume of 221,252 shares changing hands. The stock had previously closed at $2.79.
A number of brokerages have issued reports on LEE. Zacks Investment Research raised shares of Lee Enterprises from a “sell” rating to a “hold” rating in a report on Wednesday, July 6th. TheStreet cut shares of Lee Enterprises from a “hold” rating to a “sell” rating in a report on Monday, June 6th.
The firm has a 50-day moving average of $2.23 and a 200-day moving average of $1.96. The stock has a market cap of $163.69 million and a PE ratio of 3.579.
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.