Lakeland Industries manufactures and sells a line of protective clothing and accessories for the industrial and public protective clothing market. Co.'s products include: Firefighting and Heat Protective Apparel, which manufactures a line of structural firefighter protective apparel (turnout gear) for domestic and foreign fire departments; Chemical Protective Suits, which manufactures and sells heavy duty chemical protective suits and protective apparel from its proprietary CRFR, ChemMax® 3, 4, Interceptor and other fabrics; and Limited Use/Disposable Protective Clothing, which manufactures a line of limited use/disposable protective garments, including coveralls, pants, caps and smocks. We show 57 historical shares outstanding datapoints in our LAKE shares outstanding history coverage, used to compute LAKE market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing LAKE market cap history over the course of time is important for investors
interested in comparing LAKE's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of LAKE versus a peer is one thing; comparing
LAKE market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like LAKE can fluctuate over the course of history.
With this page we aim to empower investors researching LAKE by allowing them to research the LAKE market cap history. |
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Video: The Importance of Market Cap
