Lee Enterprises Inc (NASDAQ: LEE) stock closed at $14.15 on 10/9/24 after a major increase of 46.9%. Moreover, this advance was accompanied by exceptionally high trading volume at 2187% of normal. The stock has risen 62.6% during the last week but has been weak relative to the market over the last nine months.
Current PriceTarget Research Rating
LEE’s future returns on capital are forecasted to be in line with the cost of capital. Accordingly, the company is expected to continue to be Value Creation neutral.
Lee Enterprises has a current Value Trend Rating of F (Lowest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing complementary signals. Lee Enterprises has a slightly negative Power Rating of 34 and a very low Appreciation Score of 10, with the Lowest Value Trend Rating the result.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of F. This review will be completed in the next several days.
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