MicroSectors FANG+ Index 2X Leveraged ETN (NYSEARCA:FNGO – Get Free Report) shares were up 1.5% on Thursday . The company traded as high as $76.26 and last traded at $76.11. Approximately 12,728 shares changed hands during trading, a decline of 56% from the average daily volume of 28,814 shares. The stock had previously closed at $74.98.
MicroSectors FANG+ Index 2X Leveraged ETN Stock Performance
The firm has a fifty day moving average price of $67.88 and a two-hundred day moving average price of $66.31. The stock has a market capitalization of $55.50 billion, a P/E ratio of 92.44 and a beta of 3.35.
About MicroSectors FANG+ Index 2X Leveraged ETN
The MicroSectors FANG+ Index 2X Leveraged ETNs (FNGO) is an exchange-traded fund that is based on the NYSE FANG+ index. The fund provides 2x the daily price movements of an index of US-listed technology and consumer discretionary companies. The index is highly concentrated and equally weighted. FNGO was launched on Aug 6, 2018 and is issued by REX Microsectors.
See Also
- Five stocks we like better than MicroSectors FANG+ Index 2X Leveraged ETN
- What is the Nikkei 225 index?
- MercadoLibre Targets Double-Digit Upside with Argentina Boom
- Options Trading – Understanding Strike Price
- Domino’s Pizza Stock Delivers: A Hot Buy for Growth Investors
- NYSE Stocks Give Investors a Variety of Quality Options
- 3 Small-Cap Stocks Ready to Deliver Significant Growth
Receive News & Ratings for MicroSectors FANG+ Index 2X Leveraged ETN Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for MicroSectors FANG+ Index 2X Leveraged ETN and related companies with MarketBeat.com's FREE daily email newsletter.