U.S. Global Sea to Sky Cargo ETF (NYSEARCA:SEA) Stock Price Crosses Below Fifty Day Moving Average – Here’s Why

U.S. Global Sea to Sky Cargo ETF (NYSEARCA:SEAGet Free Report) crossed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $17.15 and traded as low as $16.89. U.S. Global Sea to Sky Cargo ETF shares last traded at $17.09, with a volume of 14,311 shares.

U.S. Global Sea to Sky Cargo ETF Stock Down 0.8%

The stock’s 50-day moving average price is $17.15 and its 200-day moving average price is $16.47. The company has a market capitalization of $18.46 million, a price-to-earnings ratio of 4.44 and a beta of 0.81.

About U.S. Global Sea to Sky Cargo ETF

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Guggenheim Shipping ETF (the Fund) seeks investment results that correspond generally to the performance of Delta Global Shipping Index (the Index). The Index is designed to measure the performance of companies listed on global developed market exchanges and consists of companies within the maritime shipping industry. The index provider, Delta Global Indices, LLC, defines the shipping industry to include companies within the business segments of the maritime shipping industry, such as companies deriving revenue from the seaborne transport of dry bulk goods and the leasing and/or operating of tanker ships, container ships, specialty chemical ships and ships that transport liquid natural gas (LNG) or dry bulk goods.

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