Trader’s Buzz: Lakeland Industries (LAKE), Alpha Pro Tech (APT), Astea Int’l (ATEA), Vasco Data Security (VDSI)

Shares of Lakeland Industries Inc. (LAKE), a tiny $76M cap company in the protective gear business, continues to be a beneficiary of the Ebola outbreak. The Ronkonkoma, New York-based firm has seen its stock spike roughly 170% y/y to a high on October 14, 2014 of $29.55 from its close on Dec. 13, 2013 of $4.75. In Wednesday’s mid-day trading, LAKE was up about 7% to $14.17 from the previous close of $13.25. The gains have been aided by a Bloomberg article that said the “Obama administration will ask Congress for about $6.2 billion in emergency funding to combat the spread of Ebola, according to officials familiar with the request.”

The publication noted the request may be announced as soon as today and follows approval in October of $750 million to help contain the Ebola outbreak in West Africa.

Alpha Pro Tech Ltd. (APT) has been another company that has capitalized on the Ebola outbreak. The name currently prints a one year return of about 99.35%, and a year-to-date return of around 43.72%. APT saw its shares take a large uptick on Wednesday on the B’berg report, gaining 6.50% to reach $3.29 from the previous close of $3.09. Approximately 3,2M shares have already changed hands, compared to the stock’s average daily volume of 4.2M.

In the past 52 weeks, shares of the disposable protective apparel company have traded between a low of $1.65 and a high of $10.73 with the 50-day MA and 200-day MA located at $4.20 and $2.75 levels, respectively. Additionally, shares of APT have a Relative Strength Index (RSI) and MACD indicator of 44.37 and -0.84, respectively.

Astea International Inc. (ATEA) is a big mover this session with its shares spiking 65% on the day. The move comes on solid volume too with the issue trading 283K shares compared to the average volume of 11,457. It’s hard to pinpoint just what exactly is driving the surge in ticker’s pps given that we are not seeing any news to account for the move.

Astea International Inc. gained $0.99 to $2.61 in mid-day trading today. On trading-measure, shares of the service management software solutions provider have a beta of 1.67 and a short float of 0.04%. In the past 52 weeks, shares of Horsham, Pennsylvania-company have traded between a low of $1.23 and a high of $3.91 with the 50-day MA and 200-day MA located at $1.78 and $1.99 levels, respectively.

ATEA currently prints a one year loss of about 42.76%, and a year-to-date loss of around 36.47%.

Shares of Vasco Data Security Int’l Inc. (VDSI) are up less than 1% to $25.86 in mid-day trading. The name was mentioned positively at Navellier newsletter. The move comes on a big volume too with the issue currently trading more than 1.M shares, compared to the 3-month average volume of 710K.

Vasco Data Security is an Oakbrook Terrace, Illinois-based developer of security systems. Its stock has a median consensus analyst price target of $29.50 with a high target of $30, and a 52-week trading range of $6.47 to $27.03.

VDSI has market cap of $1.2B.

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