LAYN Makes Bullish Cross Above Critical Moving Average

In trading on Tuesday, shares of Layne Christensen Co. ( LAYN) crossed above their 200 day moving average of $20.69, changing hands as high as $20.75 per share. Layne Christensen Co. shares are currently trading up about 0.7% on the day. The chart below shows the one year performance of LAYN shares, versus its 200 day moving average:

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Layne Christensen Co. 200 Day Moving Average Chart

Looking at the chart above, LAYN's low point in its 52 week range is $17.42 per share, with $25.11 as the 52 week high point — that compares with a last trade of $20.66.

According to the ETF Finder at ETF Channel, LAYN makes up 2.70% of the Lux Nanotech Portfolio ETF ( PXN) which is trading higher by about 0.3% on the day Tuesday.
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