MAX Airlines 3x Leveraged ETN (NYSEARCA:JETU – Get Free Report) gapped down prior to trading on Tuesday . The stock had previously closed at $12.61, but opened at $11.59. MAX Airlines 3x Leveraged ETN shares last traded at $11.81, with a volume of 846 shares changing hands.
MAX Airlines 3x Leveraged ETN Stock Performance
The stock has a market capitalization of $8.68 billion and a price-to-earnings ratio of 9.65. The company has a fifty day simple moving average of $20.07 and a 200 day simple moving average of $25.16.
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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