LAYN Makes Bullish Cross Above Critical Moving Average

In trading on Monday, shares of Layne Christensen Co. (LAYN) crossed above their 200 day moving average of $18.37, changing hands as high as $18.40 per share. Layne Christensen Co. shares are currently trading up about 3.1% 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 $13.88 per share, with $22.64 as the 52 week high point — that compares with a last trade of $18.19.

According to the ETF Finder at ETF Channel, LAYN makes up 2.25% of the Environmental Services ETF ( EVX) which is trading up by about 1.5% on the day Monday.

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