Lee Enterprises Inc. (LEE) Sees Large Volume Increase
Shares of Lee Enterprises Inc. (NYSE:LEE) saw an uptick in trading volume on Friday . 382,796 shares traded hands during trading, an increase of 44% from the previous session’s volume of 265,922 shares.The stock last traded at $3.25 and had previously closed at $2.94.
Several equities analysts recently issued reports on LEE shares. Zacks Investment Research upgraded shares of Lee Enterprises from a “sell” rating to a “hold” rating in a research report on Wednesday, July 6th. TheStreet cut shares of Lee Enterprises from a “hold” rating to a “sell” rating in a research report on Monday, June 6th.
The stock’s 50-day moving average is $2.29 and its 200 day moving average is $1.98. The company has a market cap of $179.58 million and a P/E ratio of 3.93.
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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