Lakeland Industries, Inc. manufactures and sells a line of industrial protective clothing and accessories for the industrial and public protective clothing market. Its product categories include firefighter protective apparel and accessories, high-end chemical protective suits, limited use/disposable protective clothing, durable woven garments, high visibility clothing and gloves and sleeves. Its products are sold globally by its in-house sales teams, its customer service group, and authorized independent sales representatives to a network of over 2,000 safety and industrial supply distributors. We show 59 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
