Lakeland Industries, Inc. (LAKE) stock has risen 5.23% over the past week and gets a Bullish rating from InvestorsObserver's Sentiment Indicator.
What is Stock Sentiment?
Sentiment is a very short-term indicator that is entirely technical. There is no information about the health of profitability of the underlying company in our sentiment score.
As a technical indicator, news about the stock, or company, such as an earnings release or other event, could move the stock counter to the recent trend.
Sentiment is how investors, or the market, feels about a stock. There are lots of ways to measure sentiment. At the core, sentiment is pretty easy to understand. If a stock is going up, investors must be bullish, while if it is going down, sentiment is bearish.
InvestorsObserver’s Sentiment Indicator looks at price trends over the past week and also considers changes in volume. Increasing volume can mean a trend is getting stronger, while decreasing volume can mean a trend is nearing a conclusion.
For stocks that have options, our system also considers the balance between calls, which are often bets that the price will go up, and puts, which are frequently bets that the price will fall.
What's Happening With LAKE Stock Today?
Lakeland Industries, Inc. (LAKE) stock is lower by -2.55% while the S&P 500 has gained 0.69% as of 1:31 PM on Monday, Aug 24. LAKE has fallen -$0.55 from the previous closing price of $21.66 on volume of 458,673 shares. Over the past year the S&P 500 has risen 18.83% while LAKE has gained 98.03%. LAKE earned $1.54 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 13.72.
To see InvestorsObserver's Sentiment Score for Lakeland Industries, Inc. click here.
More About Lakeland Industries, Inc.
Lakeland Industries Inc manufactures and sells safety garments and accessories for industrial protective clothing market. It offers limited use / disposable protective clothing, chemical protective suits, and firefighting and heat protective apparel. Its customers include integrated oil, chemical/petrochemical, utilities, automobile, steel, glass, construction, smelting, munition plants, janitorial, pharmaceutical, mortuaries, as well as scientific and medical laboratories. The company made its sales to more than 40 foreign countries but primarily in China, European Economic Community, Canada, Chile, Argentina, Russia, Colombia, Mexico, Ecuador, Australia and Southeast Asia. It derives the sales primarily from the sale of limited use/disposable protective clothing.
