Lee Enterprises Inc. (LEE) Reaches New 12-Month High at $2.98
Lee Enterprises Inc. (NYSE:LEE) hit a new 52-week high during trading on Thursday . The stock traded as high as $2.98 and last traded at $2.90, with a volume of 221,252 shares. The stock had previously closed at $2.79.
Several brokerages have commented on LEE. Zacks Investment Research raised 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 company has a 50 day moving average of $2.29 and a 200 day moving average of $1.98. The firm has a market cap of $179.58 million and a PE 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.