LEE Enterprises (LEE, Financial) experienced a notable stock movement, with its price surging by 6.90%. The stock is currently priced at $9.30 per share, trading a volume of 18,464 shares and holding a turnover rate of 0.30% with a volatility of 5.46%.
Recent financial reports show that LEE Enterprises achieved a revenue of $151 million, with a net loss of $4.27 million, and an earnings per share (EPS) of -$0.73. The gross profit for the company stands at $80.35 million, with a price-to-earnings (P/E) ratio of -2.97. As of now, no institutions have issued ratings on the stock for buy, hold, or sell recommendations.
The publishing industry, where LEE Enterprises operates, has seen a general decline of 0.57%. Within this sector, significant gainers alongside LEE Enterprises include John Wiley & Sons Inc. - A and DallasNews Corporation - Series A. Other active stocks in this sector include Scholastic Corporation and Gannett Co., with turnover rates of 0.27% and 0.26% respectively. Prominent stocks with high volatility in this sector include Educational Development Corporation and Scholastic Corporation, with volatility rates of 4.50% and 4.41% respectively.
LEE Enterprises Inc. is a U.S.-based news publishing company focusing on digital-first subscriptions. It provides valuable local news, information, advertising, and marketing services tailored to local markets. The company's product portfolio includes digital subscription platforms, daily, weekly, monthly reports, and niche products, all delivering original local and global news. These products are available both in digital and print formats, with content and ads accessible via websites and mobile apps.
