Lakeland Industries Inc. (LAKE) Stock Price Up 8.1%
Shares of Lakeland Industries Inc. (NASDAQ:LAKE) rose 8.1% during mid-day trading on Thursday . The stock traded as high as $10.06 and last traded at $9.91, with a volume of 115,610 shares trading hands. The stock had previously closed at $9.17.
Separately, Zacks Investment Research upgraded Lakeland Industries from a “sell” rating to a “hold” rating in a report on Wednesday, June 22nd.
The firm has a market capitalization of $73.56 million and a price-to-earnings ratio of 28.48. The firm has a 50-day moving average price of $8.99 and a 200-day moving average price of $10.45.
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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