Shares of Lakeland Industries Inc. (NASDAQ:LAKE) traded at a new 52-week high today of $47.20. So far today approximately 156,000 shares have been exchanged, as compared to an average 30-day volume of 394,000 shares.
In the past 52 weeks, Lakeland Industries Inc. share prices are bracketed by a low of $11.76 and a high of $47.20 and is now at $46.96, 299% above that low price.
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.
Lakeland Industries Inc. (NASDAQ:LAKE) is currently priced 91.1% above its average consensus analyst price target of $4.16.
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