Lee traded at $8.88 this Monday February 23rd, increasing $0.26 or 3.02 percent since the previous trading session. Looking back, over the last four weeks, Lee gained 58.86 percent. Over the last 12 months, its price fell by 5.33 percent. Looking ahead, we forecast Lee to be priced at 8.35 by the end of this quarter and at 7.60 in one year, according to Trading Economics global macro models projections and analysts expectations.
Lee Enterprises, Incorporated is a provider of local news and digitally focused marketing solutions operating in approximately 77 mid-sized markets across 26 states. The Company's products include daily newspapers, websites and mobile applications, mobile news and advertising, video products, a digital marketing agency, digital services including Web hosting and content management, niche publications and community newspapers. Its local media operations range from daily newspapers and their associated digital products, such as the St. Louis Post-Dispatch and the Buffalo News, to non-daily newspapers with news websites and digital platforms serving smaller communities. The Company also operates TownNews, through its subsidiary INN Partners, L.C. TownNews provides hosting, content management services and video management services to media organizations including broadcast.