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LAYN Makes Bullish Cross Above Critical Moving Average

By Market News Video Staff, Friday, July 1, 1:05 PM ET
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In trading on Friday, shares of Layne Christensen Co. (NASDAQ:LAYN) crossed above their 200 day moving average of $30.62, changing hands as high as $31.02 per share. Layne Christensen Co. shares are currently trading up about 1.8% 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 $23.01 per share, with $38.00 as the 52 week high point that compares with a last trade of $30.87.

According to the ETF Finder at ETF Channel, LAYN makes up 3.86% of the Environmental Services ETF (AMEX:EVX) which is trading up by about 0.2% on the day Friday.

See what other ETFs contain LAYN
See what other stocks are held by EVX

LAYN operates in the Construction sector, among companies like Force Protection Inc (NASDAQ:FRPT) which is up about 0.7% today, and Commercial Vehicle Group Inc (NASDAQ:CVGI) trading up by about 2%. Below is a three month price history chart comparing the stock performance of LAYN, versus FRPT and CVGI.

LAYN,FRPT,CVGI Relative Performance Chart


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