Lakeland Industries Inc. (LAKE) Trading 8.1% Higher
Shares of Lakeland Industries Inc. (NASDAQ:LAKE) traded up 8.1% during trading on Thursday . The company traded as high as $10.06 and last traded at $9.91, with a volume of 115,610 shares traded. The stock had previously closed at $9.17.
Separately, Zacks Investment Research raised Lakeland Industries from a “sell” rating to a “hold” rating in a report on Wednesday, June 22nd.
The company has a market capitalization of $72.54 million and a price-to-earnings ratio of 28.09. The stock’s 50-day moving average is $8.91 and its 200 day moving average is $10.46.
Lakeland Industries, Inc (Lakeland) manufactures and sells a line of safety garments and accessories for the industrial and public protective clothing market. The Company’s product categories include limited use/disposable protective clothing; high-end chemical protective suits; firefighting, flame resistant personal protective equipment (FR PPE) and heat protective apparel; reusable woven garments; high visibility clothing, and glove and sleeves.
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