Lakeland Industries Inc.LAKE was a big mover last session, as the company saw its shares rise almost 9% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $13.59 to $14.36 since Sep 29, 2015.
In the last 30 days, the company witnessed one positive estimate revision and the Zacks Consensus Estimate also moved higher over the same time frame, suggesting that more solid trading could be ahead for Lakeland Industries. So make sure to keep an eye on this stock going forward to see if this recent jump can turn into more strength down the road.
Lakeland Industries currently sports a Zacks Rank #1 (Strong Buy) while its Earnings ESP is 0.00%.
Another favorably ranked stock in the same industry is Napco Security Technologies, Inc. NSSC , with a Zacks Rank #1.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
Latest Markets Videos
- Stimulus Update: MIllions Will Get a Stimulus Check in June. Are You One of Them?
- Social Security Checks Could Soar in 2023: Here's How Much Extra Seniors Might Receive
- Better Buy: Dogecoin vs. Terra Classic vs. Terra (LUNA)?
- Bitcoin Uses 50 Times Less Energy Than Traditional Banking, New Study Shows