Lakeland Industries, Inc (NASDAQ:LAKE) shares, rose in value on Friday, June 20, with the stock price up by 3.83% to the previous day’s close as strong demand from buyers drove the stock to $13.30.
Actively observing the price movement in the last trading, the stock closed the session at $12.81. Referring to stock’s 52-week performance, its high was $27.28, and the low was $12.76. On the whole, LAKE has fluctuated by -33.00% over the past month.
With the market capitalization of Lakeland Industries, Inc currently standing at about $126.54 million, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Jun-09. The company’s Forward Dividend Ratio is 0.12, with its dividend yield at 0.90%.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that LAKE’s technical picture suggests that short-term indicators denote the stock is a 100% Sell on average. However, medium-term indicators have put the stock in the category of 100% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.
The stock’s technical analysis shows that the price of LAKE currently trading nearly -21.11% and -21.50% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 31.49, while the 7-day volatility ratio is showing 3.46% which for the 30-day chart, stands at 6.60%. Furthermore, Lakeland Industries, Inc (LAKE)’s beta value is 1.11, and its average true range (ATR) is 1.11.
A comparison of Lakeland Industries, Inc (LAKE) with its peers suggests the former has fared considerably weaker in the market. LAKE showed an intraday change of 3.83% in last session, and over the past year, it shrunk by -42.70%%.
Data on historical trading for Lakeland Industries, Inc (NASDAQ:LAKE) indicates that the trading volumes over the past 3 months, they’ve averaged 127.60K. According to company’s latest data on outstanding shares, there are 9.51 million shares outstanding.
Nearly 4.84% of Lakeland Industries, Inc’s shares belong to company insiders and institutional investors own 75.13% of the company’s shares. The stock has fallen by -47.95% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the LAKE stock heading into the next quarter.
