MAX Airlines 3x Leveraged ETN (NYSEARCA:JETU – Get Free Report) gapped down prior to trading on Wednesday . The stock had previously closed at $25.67, but opened at $22.83. MAX Airlines 3x Leveraged ETN shares last traded at $23.81, with a volume of 23 shares trading hands.
MAX Airlines 3x Leveraged ETN Stock Performance
The firm’s fifty day simple moving average is $29.29 and its 200 day simple moving average is $25.68. The stock has a market capitalization of $17.63 billion and a P/E ratio of 15.55.
About MAX Airlines 3x Leveraged ETN
The MAX Airlines 3X Leveraged ETNs (JETU) is an exchange-traded fund that is based on the Prime Airlines index. The fund tracks 3x the daily price movements of an index consisting of US-listed companies in the air transportation industry, these include airlines, air freight and logistics, and aircraft and parts manufacturing.
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