McClatchy Company Receives a Hold from Noble Financial


Noble Financial analyst Michael Kupinski maintained a Hold rating on McClatchy Company (NYSE: MNI) yesterday. The company’s shares closed yesterday at $9.44.

According to TipRanks.com, Kupinski is ranked 0 out of 5 stars with an average return of -9.2% and a 33.3% success rate. Kupinski covers the Services sector, focusing on stocks such as Salem Communications Corp, Entercom Communications, and Townsquare Media.

McClatchy Company has an analyst consensus of Hold.

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The company has a one-year high of $11.72 and a one-year low of $5.75. Currently, McClatchy Company has an average volume of 13.31K.

Based on the recent corporate insider activity of 52 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of MNI in relation to earlier this year.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

The McClatchy Co.engages in the provision of websites and mobile applications, mobile news and advertising, video products, a digital marketing agency, daily newspapers, niche publications, other print and digital direct marketing services, and community newspapers. It also publishes brands such as Miami Herald, The Kansas City Star, The Sacramento Bee, The Charlotte Observer, The (Raleigh) News and Observer, and the (Fort Worth) Star-Telegram. The company was founded in 1857 and is headquartered in Sacramento, CA.

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