Somewhat Positive Press Coverage Somewhat Unlikely to Affect Lakeland Industries (LAKE) Share Price
Media coverage about Lakeland Industries (NASDAQ:LAKE) has been trending somewhat positive on Sunday, Accern reports. Accern rates the sentiment of press coverage by reviewing more than twenty million news and blog sources in real-time. Accern ranks coverage of 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 0.18 on Accern’s scale. Accern also assigned news stories about the medical instruments supplier an impact score of 46.3339516401395 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
Shares of Lakeland Industries (NASDAQ:LAKE) opened at $14.40 on Friday. The stock has a market cap of $116.87, a P/E ratio of 17.14, a price-to-earnings-growth ratio of 1.63 and a beta of -0.13. Lakeland Industries has a fifty-two week low of $9.85 and a fifty-two week high of $17.18. The company has a current ratio of 6.43, a quick ratio of 3.21 and a debt-to-equity ratio of 0.02.
A number of equities research analysts have issued reports on LAKE shares. Zacks Investment Research lowered shares of Lakeland Industries from a “buy” rating to a “hold” rating in a report on Saturday, November 18th. TheStreet lowered shares of Lakeland Industries from a “b” rating to a “c+” rating in a report on Friday, December 15th.
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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