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Lee Enterprise, Incorporated (LEE) Jumps: Stock Soars 13%
Lee Enterprise, Incorporated (LEE - Free Report) was a big mover last session, as the company saw its shares rise over 13% on the day. The news also led to far more shares changing hands than in a normal session, resulting in solid volume. This breaks the recent trend for the company as the stock is now trading above the volatile price range of $1.75 to $2.04 in the past one-month time frame.
None of the estimates for the stock were revised over the past 30 days while the Zacks Consensus Estimate moved higher suggesting more solid trading ahead. So, make sure to keep an eye on this stock going forward to see if yesterday’s jump can turn into more strength down the road.
Lee Enterprise carries a Zacks Rank #2 (Buy) while its Earnings ESP is 0.00%.
Another better-ranked stock in the Publishing – Newspapers industry is A.H. Belo Corporation , also holding a Zacks Rank #2 (Buy).
Is LEE going up? Or down? Predict to see what others think: Up or Down
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