MAX Airlines 3x Leveraged ETN (NYSEARCA:JETU) Shares Gap Up – Time to Buy?

MAX Airlines 3x Leveraged ETN (NYSEARCA:JETUGet Free Report) gapped up before the market opened on Friday . The stock had previously closed at $18.75, but opened at $19.80. MAX Airlines 3x Leveraged ETN shares last traded at $19.79, with a volume of 106 shares trading hands.

MAX Airlines 3x Leveraged ETN Stock Up 6.3 %

The firm has a market capitalization of $14.53 billion and a PE ratio of 11.49. The firm’s 50-day simple moving average is $28.04 and its 200-day simple moving average is $25.82.

MAX Airlines 3x Leveraged ETN Company Profile

(Get Free Report)

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.

Recommended Stories

Receive News & Ratings for MAX Airlines 3x Leveraged ETN Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for MAX Airlines 3x Leveraged ETN and related companies with MarketBeat.com's FREE daily email newsletter.