Trade Lakeland Industries - LAKE CFD

Trading Conditions
Spread0.37
Long position overnight fee
Long position overnight fee

Margin. Your investment
$1,000.00
Overnight fee
Charges from full value of position
-0.026179 %
(-$1.05)

Trade size with leverage ~ $5,000.00

Short position overnight fee ~ $4,000.00


-0.026179%
Short position overnight fee
Short position overnight fee

Margin. Your investment
$1,000.00
Overnight fee
Charges from full value of position
0.003957 %
($0.16)

Trade size with leverage ~ $5,000.00

Short position overnight fee ~ $4,000.00


0.003957%
Overnight fee time21:00 (UTC)
CurrencyUSD
Min traded quantity1
Margin20
Stock exchangeUnited States of America
Commission on trade10%

1Our charge for executing your trade is the spread, the difference between the buy and sell price. Please consult the Charges and Fees section of our website for further information

Key Stats
Prev. Close16.52
Open16.52
1-Year Change38.82%
Day's Range16.44 - 16.54

Lakeland Industries Company profile

About Lakeland Industries, Inc.

Lakeland Industries, Inc. manufactures and sells a line of safety garments and accessories for the industrial and public protective clothing market. The Company's product categories include limited use/disposable protective clothing, high-end chemical protective suits, firefighting and heat protective apparel, durable woven garments, high visibility clothing, and glove and sleeves. The Company's products are sold by its in-house customer service group, its regional sales managers, and independent sales representatives to a network of over 1,600 North American safety and mill supply distributors. These distributors, in turn, supply end user industrial customers, such as integrated oil, chemical/petrochemical, utilities, automobile, steel, glass, construction, smelting, munition plants, janitorial, pharmaceutical, mortuaries, and high technology electronics manufacturers, as well as scientific and medical laboratories.

Financial summary

BRIEF: For the nine months ended 31 October 2021, Lakeland Industries, Inc. revenues decreased 25% to $91.6M. Net income decreased 63% to $10M. Revenues reflect Disposables segment decrease of 34% to $53M, Chemical segment decrease of 23% to $19M, Hi-Vis segment decrease of 4% to $3.5M, United States segment decrease of 34% to $36.5M, Asia segment decrease of 45% to $22.4M, Canada segment decrease of 38% to $6.8M.

Equity composition

Common Stock $.01 Par, 04/11, 10M auth., 5,568,744 issd., less 314,441 shs in Treas. @ $3M. Insiders & Strategic holders own 19.94%. IPO:9/86, 950K shares @ $6.75 by Tucker Anthony & R.L. Day, Inc.7/06, 4/05, 7/03 & 7/02, 10% stock dividends.