Is This Stock a Screaming Buy: Lakeland Industries Inc. (NASDAQ:LAKE)

Equity Research firms currently have a positive stance on shares of Lakeland Industries Inc. (NASDAQ:LAKE). The majority of analysts covering the equity have a consensus Strong Buy recommendation on the stock, yielding a score of 1.50. This is based on the research brokerage reports taken into consideration by Thomson Reuters. Those same analysts are projecting that the stock will reach $15.75 on a short term basis.

At the time of writing, the stock was trading at $10.08. This represents a change from the opening price of 0.10%. In terms of performance, year to date, the stock is -15.75%. The monthly stock performance comes in at 4.25%. For the quarter, shares are performing at 9.35%. Weekly performance analysis shows the equity at 1.05%.

In taking a look at technical levels, shares are trading 1.11% away from the 50 day simple moving average and -3.22% away from the 200 day simple moving average. Based on a recent bid, the stock is trading -34.55% away from it’s 52- week high and 26.00% away from its 52 week low. After the recent moves, investors may also look to see if the stock has entered oversold or overbought territory and could be ripe for a bounce. As of writing, Lakeland Industries Inc.’s RSI stands at 50.37. In looking at volatility levels, the shares saw weekly volatility of 2.71% and 4.11% over the past month.

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