Positive Media Coverage Somewhat Unlikely to Impact Lakeland Industries (LAKE) Share Price
News articles about Lakeland Industries (NASDAQ:LAKE) have been trending positive recently, Accern Sentiment reports. Accern identifies negative and positive news coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. Lakeland Industries earned a news impact score of 0.27 on Accern’s scale. Accern also assigned media headlines about the medical instruments supplier an impact score of 45.5262193859692 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
Several brokerages have weighed in on LAKE. Zacks Investment Research raised Lakeland Industries from a “hold” rating to a “buy” rating and set a $15.00 price target for the company in a report on Thursday, February 8th. TheStreet downgraded Lakeland Industries from a “b” rating to a “c+” rating in a report on Friday, December 15th.
Shares of Lakeland Industries (LAKE) traded up $0.15 during midday trading on Monday, reaching $13.10. The company’s stock had a trading volume of 12,943 shares, compared to its average volume of 32,871. The company has a debt-to-equity ratio of 0.02, a quick ratio of 3.21 and a current ratio of 6.43. The firm has a market capitalization of $105.11, a P/E ratio of 15.60, a PEG ratio of 1.44 and a beta of -0.06. Lakeland Industries has a fifty-two week low of $9.85 and a fifty-two week high of $17.18.
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About Lakeland Industries
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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