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Lakeland Industries, Inc. (LAKE - Free Report) was a big mover last session, as the company saw its shares rise almost 9% on the day. The upside was driven after the company reported solid first-quarter fiscal 2018 results. This also led to far more shares changing hands than in a normal session, resulting in solid volume. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $10.75 to $11.85 in the past one-month time frame.
None of the estimates for this stock were revised in the last 30 days and the Zacks Consensus Estimate also remained unchanged. Yesterday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
Currently, Lakeland Industries carries a Zacks Rank #3 (Hold).
Is LAKE going up? Or down? Predict to see what others think: Up or Down
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Lakeland Industries (LAKE) Jumps: Stock Moves 9% Higher
Lakeland Industries, Inc. (LAKE - Free Report) was a big mover last session, as the company saw its shares rise almost 9% on the day. The upside was driven after the company reported solid first-quarter fiscal 2018 results. This also led to far more shares changing hands than in a normal session, resulting in solid volume. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $10.75 to $11.85 in the past one-month time frame.
None of the estimates for this stock were revised in the last 30 days and the Zacks Consensus Estimate also remained unchanged. Yesterday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
Currently, Lakeland Industries carries a Zacks Rank #3 (Hold).
Lakeland Industries, Inc. Price
Lakeland Industries, Inc. Price | Lakeland Industries, Inc. Quote
A better-ranked stock in the same industry is Allegion plc (ALLE - Free Report) , carrying a Zacks Rank #2(Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Is LAKE going up? Or down? Predict to see what others think: Up or Down
3 Top Picks to Ride the Hottest Tech Trend
Zacks just released a Special Report to guide you through a space that has already begun to transform our entire economy... Last year, it was generating $8 billion in global revenues. By 2020, it's predicted to blast through the roof to $47 billion. Famed investor Mark Cuban says it will produce "the world's first trillionaires," but that should still leave plenty of money for those who make the right trades early. Download Report with 3 Top Tech Stocks >>