MAX Airlines 3x Leveraged ETN (NYSEARCA:JETU – Get Free Report) gapped down before the market opened on Friday . The stock had previously closed at $21.64, but opened at $20.74. MAX Airlines 3x Leveraged ETN shares last traded at $19.66, with a volume of 4 shares.
MAX Airlines 3x Leveraged ETN Stock Performance
The stock has a market capitalization of $14.34 billion and a price-to-earnings ratio of 11.49. The firm’s fifty day simple moving average is $26.58 and its 200 day simple moving average is $25.96.
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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