Lee Enterprises Inc (NASDAQ: LEE) stock closed at $13.51 on 3/18/24 after a major increase of 19.0%. Moreover, this advance was accompanied by exceptionally high trading volume at 237% of normal. The stock has risen 22.7% during the last week but has been weak relative to the market over the last nine months.
Current PriceTarget Research Rating
With future capital returns forecasted to be in line with the cost of capital, LEE is expected to continue to be Value Creation neutral.
Lee Enterprises has a current Value Trend Rating of F (Lowest Rating). This rating combines complementary signals from two proprietary PTR measures of a stock’s attractiveness. Lee Enterprises has a slightly negative Power Rating of 31 and a very low Appreciation Score of 5, triggering the Lowest Value Trend Rating.
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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