Lee Enterprises Inc. (LEE) Reaches New 1-Year High at $2.71
Lee Enterprises Inc. (NYSE:LEE) shares hit a new 52-week high during mid-day trading on Friday . The company traded as high as $2.71 and last traded at $2.61, with a volume of 585,345 shares changing hands. The stock had previously closed at $2.38.
A number of research analysts have recently issued reports on the company. Zacks Investment Research downgraded Lee Enterprises from a “hold” rating to a “sell” rating in a report on Tuesday, June 7th. TheStreet downgraded Lee Enterprises from a “hold” rating to a “sell” rating in a research note on Monday, June 6th.
The firm has a market cap of $145.00 million and a PE ratio of 3.17. The firm has a 50-day moving average of $1.96 and a 200 day moving average of $1.83.
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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