3 days Ago By ABMN Staff
StockNews.com upgraded shares of Lee Enterprises ( NYSE:LEE – Free Report ) from a hold rating to a buy rating in a report issued on Friday morning. Lee Enterprises Stock Down 9.
8 % Lee Enterprises stock opened at $14.70 on Friday. Lee Enterprises has a fifty-two week low of $7.
56 and a fifty-two week high of $19.63. The firm has a market capitalization of $90.
99 million, a PE ratio of -4.95 and a beta of 1.07.
The company’s 50-day moving average is $13.00 and its 200-day moving average is $11.60.
The company has a debt-to-equity ratio of 69.34, a current ratio of 0.92 and a quick ratio of 0.
87. Insider Buying and Selling at Lee Enterprises In other Lee Enterprises news, major shareholder Raghav Nath Bahl sold 71,000 shares of the company’s stock in a transaction on Tuesday, October 15th. The stock was sold at an average price of $15.
00, for a total value of $1,065,000.00. Following the transaction, the insider now directly owns 30,205 shares of the company’s stock, valued at $453,075.
This represents a 70.15 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this hyperlink .
Corporate insiders own 11.40% of the company’s stock. Hedge Funds Weigh In On Lee Enterprises Lee Enterprises Company Profile ( Get Free Report ) Lee Enterprises, Incorporated provides local news and information, and advertising services in the United States.
The company offers digital subscription platforms; daily, weekly, and monthly newspapers and niche publications; and web hosting and content management services. It also provides advertising and marketing services, such as audience extension, search engine optimization, search engine marketing, web and mobile production, social media services, and reputation monitoring and management. Featured Articles Receive News & Ratings for Lee Enterprises Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Lee Enterprises and related companies with MarketBeat.
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