MAX Auto Industry 3x Leveraged ETN (NYSEARCA:CARU – Get Free Report) shares were up 8% during mid-day trading on Monday . The stock traded as high as $19.09 and last traded at $19.03. Approximately 12,795 shares changed hands during trading, an increase of 1,787% from the average daily volume of 678 shares. The stock had previously closed at $17.63.
MAX Auto Industry 3x Leveraged ETN Price Performance
The stock has a market capitalization of $14.04 billion, a price-to-earnings ratio of 11.29 and a beta of 4.69. The stock has a 50-day moving average of $27.62 and a 200 day moving average of $26.43.
MAX Auto Industry 3x Leveraged ETN Company Profile
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.
Featured Stories
- Five stocks we like better than MAX Auto Industry 3x Leveraged ETN
- Comparing and Trading High PE Ratio Stocks
- Super Micro’s International Presence Makes It a Winning Stock
- How to Invest in Tech Stocks and Top Tech Stocks to Consider
- Grocery Outlet Insider and Institutional Buyers Signal Bottom
- Stock Average Calculator
- Consumers Are Cutting Back, But These 3 Stocks Will Stay Strong
Receive News & Ratings for MAX Auto Industry 3x Leveraged ETN Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for MAX Auto Industry 3x Leveraged ETN and related companies with MarketBeat.com's FREE daily email newsletter.
