McClatchy Co (NYSEAMERICAN:MNI)’s share price crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $0.00 and traded as high as $2.55. McClatchy shares last traded at $2.55, with a volume of 246 shares traded.
MNI has been the subject of a number of recent analyst reports. Noble Financial reaffirmed a “buy” rating and set a $5.00 target price on shares of McClatchy in a research report on Sunday, August 11th. Zacks Investment Research cut McClatchy from a “buy” rating to a “hold” rating in a research report on Thursday, August 8th.
McClatchy (NYSEAMERICAN:MNI) last posted its quarterly earnings data on Thursday, August 8th. The company reported ($1.44) earnings per share for the quarter, beating the consensus estimate of ($1.63) by $0.19. The business had revenue of $178.66 million during the quarter, compared to the consensus estimate of $190.40 million.
About McClatchy (NYSEAMERICAN:MNI)
The McClatchy Company publishes newspapers and news Websites in the United States. Its publications include the Miami Herald, The Kansas City Star, The Sacramento Bee, The Charlotte Observer, The (Raleigh) News and Observer, and The (Fort Worth) Star-Telegram. It also provides niche publications and community newspapers, as well as other print and digital direct marketing services.
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