MAX Auto Industry 3x Leveraged ETN (NYSEARCA:CARU – Get Free Report) gapped down before the market opened on Wednesday . The stock had previously closed at $24.27, but opened at $23.30. MAX Auto Industry 3x Leveraged ETN shares last traded at $23.30, with a volume of 1,090 shares.
MAX Auto Industry 3x Leveraged ETN Stock Performance
The stock has a market capitalization of $16.61 billion, a price-to-earnings ratio of 11.39 and a beta of 4.69. The stock has a fifty day simple moving average of $26.63 and a two-hundred day simple moving average of $26.31.
About MAX Auto Industry 3x Leveraged ETN
The MAX Auto Industry 3X Leveraged ETN (CARU) is an exchange-traded fund that is based on the Prime Auto Industry index. The fund is an exchange-traded note that tracks 3x the daily price movements of an index consisting of US-listed companies in the broader auto industry ecosystem. The index selects equities by market-cap and weights the resulting portfolio by liquidity.
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