Publishing Stocks: The New York Times Company (NYSE:NYT), Lee Enterprises, Incorporated (NYSE:LEE), Gannett (NYSE:GCI), The E.W. Scripps (NYSE:SSP)

Posted by on Apr 16, 2014

The New York Times Company (NYSE:NYT) was downgraded by Zacks from an “outperform” rating to a “neutral” rating in a research note issued to investors on Thursday,AmericanBankingNews.com reports. The New York Times Company (NYSE:NYT) shares after opening at $15.56 moved to $16.33 on last trade day and at the end of the day closed at $16.29. Company price to sales ratio in past twelve months was calculated as 1.54 and price to cash ratio as 2.87. The New York Times Company (NYSE:NYT) showed a positive weekly performance of 2.78%.

Lee Enterprises, Incorporated (NYSE:LEE) a major provider of local news, information and advertising in 50 markets, has completed the refinancing of $800 million of debt, extending maturities to 2019 and 2022. Lee Enterprises, Incorporated (NYSE:LEE) shares fell -1.50% in last trading session and ended the day on $3.94. LEE return on equity ratio is recorded as 49.40% and its return on assets is -7.30%. Lee Enterprises, Incorporated (NYSE:LEE) yearly performance is 212.70%.

Gannett Co. (NYSE:GCI)‘s stock had its “neutral” rating reiterated by Zacks in a research report issued to clients and investors on Friday, Stock Ratings Network.com reports. Gannett Co., Inc. (NYSE:GCI) shares moved down -1.63% in last trading session and was closed at $25.95 while trading in range of $25.53 – $26.50 – Gannett Co., Inc. (NYSE:GCI) year to date (YTD) performance is -11.67%.

Earlier in March, certain officers of The E.W. Scripps Company (NYSE:SSP) adopted stock trading plans in accordance with the guidelines specified by Rule 10b5-1 under the Securities and Exchange Act of 1934.The E.W. Scripps Company (NYSE:SSP) weekly performance is 1.21%. On last trading day company shares ended up $16.69. The E.W. Scripps Company (NYSE:SSP) distance from 50-day simple moving average (SMA50) is -7.75%. Analysts mean target price for the company is $22.67.

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