Somewhat Favorable Media Coverage Somewhat Unlikely to Impact Lakeland Industries (LAKE) Share Price

News headlines about Lakeland Industries (NASDAQ:LAKE) have been trending somewhat positive on Monday, according to Accern Sentiment. The research group rates the sentiment of media coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Lakeland Industries earned a daily sentiment score of 0.15 on Accern’s scale. Accern also gave news headlines about the medical instruments supplier an impact score of 45.4805532008113 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.

These are some of the headlines that may have effected Accern Sentiment’s scoring:

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Shares of NASDAQ:LAKE traded down $0.11 during trading on Monday, reaching $13.74. The company had a trading volume of 38,697 shares, compared to its average volume of 27,354. The firm has a market cap of $112.41, a P/E ratio of 25.92, a P/E/G ratio of 1.54 and a beta of 0.13. Lakeland Industries has a twelve month low of $9.90 and a twelve month 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.

Separately, Zacks Investment Research raised shares of Lakeland Industries from a “hold” rating to a “buy” rating and set a $16.00 price target for the company in a research note on Tuesday, December 19th.

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About Lakeland Industries

Lakeland Industries, Inc manufactures and sells a range of safety garments and accessories for the industrial and public protective clothing market in the United States and internationally. The company offers limited use/disposable protective clothing, such as coveralls, laboratory coats, shirts, pants, hoods, aprons, sleeves, arm guards, caps, and smocks; high-end chemical protective suits to provide protection from highly concentrated, and hazardous chemical and biological toxins; and fire fighting and heat protective apparel, which protects against fire, burns, and excessive heat.

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