Lee Enterprises, Incorporated (NYSE:LEE – Get Free Report) shares passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $4.70 and traded as high as $5.70. Lee Enterprises shares last traded at $5.49, with a volume of 14,000 shares.
Lee Enterprises Stock Performance
The business’s 50-day moving average is $4.37 and its 200 day moving average is $4.69. The company has a debt-to-equity ratio of 69.34, a quick ratio of 0.72 and a current ratio of 0.78. The company has a market cap of $34.38 million, a PE ratio of -0.75 and a beta of 0.53.
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Gabelli Funds LLC grew its position in shares of Lee Enterprises by 2.3% in the 3rd quarter. Gabelli Funds LLC now owns 207,100 shares of the company’s stock worth $1,127,000 after buying an additional 4,618 shares during the last quarter. Teton Advisors LLC purchased a new stake in Lee Enterprises in the third quarter worth $82,000. Murphy Pohlad Asset Management LLC bought a new stake in Lee Enterprises in the third quarter valued at $66,000. Jane Street Group LLC purchased a new position in Lee Enterprises during the 2nd quarter valued at $86,000. Finally, Gamco Investors INC. ET AL increased its position in Lee Enterprises by 4.9% during the 2nd quarter. Gamco Investors INC. ET AL now owns 493,816 shares of the company’s stock valued at $3,160,000 after purchasing an additional 23,269 shares during the period. Institutional investors own 39.20% of the company’s stock.
Lee Enterprises Company Profile
Lee Enterprises, Inc is a publicly traded media company based in Davenport, Iowa, with a heritage dating back to 1890 when Alfred W. Lee acquired the Davenport Times-Democrat. Over the decades, the company has grown through acquisitions and organic expansion to become one of the largest regional news publishers in the United States. Lee Enterprises’ shares trade on the New York Stock Exchange under the ticker symbol LEE.
The company’s principal activities center on the production and distribution of local journalism across print and digital channels.
Featured Stories
- Five stocks we like better than Lee Enterprises
- How a Family Trust May Be Able To Help Preserve Your Wealth
- Do not delete, read immediately
- Your Signature Is Missing – Act Before It’s Too Late
- The $100 Trillion AI Story No One Is Telling You
- NEW LAW: Congress Approves Setup For Digital Dollar?
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.com's FREE daily email newsletter.
