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Layne Christensen Co. (LAYN) Shares Cross Below 200 DMA

By Market News Video Staff, Monday, April 18, 2:14 PM ET
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In trading on Monday, shares of Layne Christensen Co. (NASDAQ:LAYN) crossed below their 200 day moving average of $29.63, changing hands as low as $29.01 per share. Layne Christensen Co. shares are currently trading down about 3% on the day. The chart below shows the one year performance of LAYN shares, versus its 200 day moving average:

Layne Christensen Co. 200 Day Moving Average Chart

Looking at the chart above, LAYN's low point in its 52 week range is $22.97 per share, with $38.00 as the 52 week high point — that compares with a last trade of $29.26.

According to the ETF Finder at ETF Channel, LAYN makes up 2.90% of the Water Resources Portfolio ETF (AMEX:PHO) which is trading lower by about 2.8% on the day Monday.

     See what other ETFs contain LAYN »
     See what other stocks are held by PHO »

LAYN operates in the Construction sector, among companies like Beacon Roofing Supply Inc (NASDAQ:BECN) which is off about 1.1% today, and Granite Construction Inc. (NYSE:GVA) trading lower by about 1.7%. Below is a three month price history chart comparing the stock performance of LAYN, versus BECN and GVA.

LAYN,BECN,GVA Relative Performance Chart


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This Article's Word Cloud:   According   BECN   Below   Channel   Christensen   Construction   Investment   LAYN   Layne   Monday   Moving   Portfolio   about   above   allows   asset   average   below   bonds   chart   classes   companies   completely   countries   currently   designed   growth   hands   history   lower   mdash   moving   other   performance   point   portfolio   price   range   raquo   share   shares   short   stocks   terms   trading   versus   week   what   which   with
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