Lee Enterprises Inc. (LEE) Shares Down 2.2%
Lee Enterprises Inc. (NYSE:LEE) shares traded down 2.2% during mid-day trading on Thursday . The company traded as low as $2.66 and last traded at $2.67, with a volume of 139,671 shares. The stock had previously closed at $2.73.
A number of research analysts have recently issued reports on the stock. Zacks Investment Research downgraded shares of Lee Enterprises from a “hold” rating to a “sell” rating in a research report on Tuesday, June 7th. TheStreet downgraded shares of Lee Enterprises from a “hold” rating to a “sell” rating in a research report on Monday, June 6th.
The firm’s 50 day moving average is $2.17 and its 200 day moving average is $1.93. The stock has a market cap of $146.68 million and a PE ratio of 3.21.
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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