In trading on Friday, shares of Layne Christensen Co. (LAYN) crossed below their last reported book value — defined as common shareholder equity per share — of $15.86, changing hands as low as $15.77 per share. Layne Christensen Co. shares are currently trading down about 4.4% on the day. The chart below shows the one year performance of LAYN shares, versus its 50 and 200 day moving averages:Looking at the chart above, LAYN's low point in its 52 week range is $15.77 per share, with $25.11 as the 52 week high point — that compares with a last trade of $15.81. According to the ETF Finder at ETF Channel, LAYN makes up 3.25% of the Lux Nanotech Portfolio ETF ( PXN) which is trading up by about 1.2% on the day Friday.
More from Stocks
Dow Futures Retreat, Global Stocks Fall After Saudi Oil Attacks, Weak China Data
Global stocks traded notably lower Monday, while oil prices surged the most in more than two decades, as an attack on two key Saudi Arabian oil facilities, as well as the weakest industrial output data from China in many years, hammered equity market sentiment.
Oil Attack's Ripple Effects and the Case for Defense Stocks: Market Recon
The drone attacks on Saudi oil operations even could influence the Fed's thinking on inflation and rates.
How Jim Cramer Knew to Sell Shopify Stock Before Its Recent Plunge
He was just following Rule No. 3 of his '5 Rules for Today's Stock Market.'
Oil Prices, Saudi Attacks, GM, Purdue Pharma, Apple - 5 Things You Must Know
U.S. stock futures tumble as oil prices surge the most in more than two decades following an attack on two key Saudi Arabian oil facilities; Donald Trump says he will authorize the release of oil from the Strategic Petroleum Reserve if needed to keep the market supplied; General Motors slumps after the Auto Workers union goes on strike.