MAX Auto Industry 3x Leveraged ETN (NYSEARCA:CARU – Get Free Report)’s stock price reached a new 52-week low on Monday . The company traded as low as $14.01 and last traded at $18.75, with a volume of 211 shares trading hands. The stock had previously closed at $16.40.
MAX Auto Industry 3x Leveraged ETN Stock Down 5.1 %
The firm’s fifty day simple moving average is $24.74 and its 200-day simple moving average is $26.21. The firm has a market capitalization of $11.35 billion, a PE ratio of 9.90 and a beta of 4.69.
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.
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