News Spotlight:- The McClatchy Company (NYSE:MNI)

The McClatchy Company (NYSE:MNI) recently traded with change of -3.56% to $9.2 with the total volume of 15646 shares versus to an average volume of 14.55K. The stock was up in the 5 days activity 4.15%. The one month performance of stock was high 16.34%. MNI shares are above 5.41% for the quarter and driving a -9.14% rally over the course of the past year and is now up 6.83% since this point in 2018.  Right now MNI beta is 1.12. The average volatility for the week and month was at 3.11% 4.72% respectively.

The McClatchy Company (NYSE:MNI) reported today Peter Farr will join the company as corporate controller and chief accounting officer on April 16, 2018. Peter, 54, is currently the Northwest Accounting Policy Director for The Boeing Company in Seattle, WA, where he has spent the past ten years in increasingly senior leadership roles. He holds a Masters of Professional Accountancy from Montana State University and is a CPA, with prior experience in industry and at the accounting firm Deloitte & Touche, LLP.  Farr served as a Captain in the United States Marine Corps for 6 years.

Elaine Lintecum, McClatchy’s Chief Financial Officer said “We are thrilled to have a person of Peter’s technical expertise and strong leadership capabilities join and direct our corporate finance department”. “Peter is an accomplished accountant, a strong business leader and has a great commitment to public service, all qualities that mesh well with our strategic goals and commitment to our communities at McClatchy. He will be a great addition to our team as we continue our digital transformation and expand our digital products and services.”

Peter Farr said “I’m thrilled to join McClatchy’s talented financial team”. “I’ve always cared about the communities where my wife and I have raised our children and to be able to work at a company where the underlying cornerstone of its business is to be essential to its communities is an exciting opportunity.”

Shares of The McClatchy Company have been recently spotted trading -29.18% off of the 52-week high price. On the other end, company shares have been noted 60.00% away from the low price over the last 52-weeks. 52 week range of the stock remained $ 5.75 – 12.99. Switching over to some distances from popular moving averages, we see that the stock has been recorded 2.73% away from the 50 day moving average and 5.38% away from the 200 day moving average. Moving closer, we can see that shares have been trading 1.14% off of the 20-day moving average.

Albert Cuevas

Albert Cuevas also covers the business news across all market sectors for website. He also has an enormous knowledge of stock market. He holds an MBA degree from University of Florida. Albert has more than 10 years of experience in writing financial and market news. He previously worked at a number of companies in different role including web developer, software engineer and product manager. He also covers Business news section for our site. Address: 1036 Stroop Hill Road, ELMER, New Jersey Email: Albert@newscontrol.info

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