Layne Christensen Company (LAYN) Jumps: Stock Soars 6.9%
Layne Christensen Company LAYN was a big mover last session, as the company saw its shares rise almost 7% on the day. The news also led to far more shares changing hands than in a normal session, resulting in solid volume. This breaks the recent trend for the company as the stock is now trading above the volatile price range of $7.76 to $8.73 in the past one-month time frame.
None of the estimates for this stock were revised over the past 30 days while the Zacks Consensus Estimate also remained unchanged. Yesterday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
Layne Christensen carries a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.
Another better-ranked stock in same industry is Wildan Group, Inc WLDN, holding a Zacks Rank #2 (Buy).
Is LAYN going up? Or down? Predict to see what others think: Up or Down
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WILLDAN GROUP (WLDN): Free Stock Analysis Report
LAYNE CHRISTENS (LAYN): Free Stock Analysis Report
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