Lee Enterprises Inc. (LEE) Stock Price Up 9.5%
Lee Enterprises Inc. (NYSE:LEE) shares traded up 9.5% during trading on Monday . The company traded as high as $3.29 and last traded at $3.22, with a volume of 858,700 shares trading hands. The stock had previously closed at $2.94.
LEE has been the subject of a number of research analyst reports. Zacks Investment Research downgraded shares of Lee Enterprises from a “hold” rating to a “sell” rating in a research report on Tuesday, May 10th. TheStreet downgraded shares of Lee Enterprises from a “hold” rating to a “sell” rating in a research report on Monday, June 6th.
The firm has a market capitalization of $179.58 million and a PE ratio of 3.93. The stock has a 50 day moving average price of $2.29 and a 200-day moving average price of $1.98.
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.