MicroSectors Gold Miners 3x Leveraged ETN (NYSEARCA:GDXU) Shares Gap Up – Time to Buy?

MicroSectors Gold Miners 3x Leveraged ETN (NYSEARCA:GDXUGet Free Report) shares gapped up before the market opened on Tuesday . The stock had previously closed at $54.01, but opened at $55.92. MicroSectors Gold Miners 3x Leveraged ETN shares last traded at $58.23, with a volume of 249,759 shares.

MicroSectors Gold Miners 3x Leveraged ETN Stock Down 2.4 %

The firm has a market capitalization of $40.42 billion, a price-to-earnings ratio of 26.56 and a beta of 2.79. The company’s fifty day moving average is $44.64 and its two-hundred day moving average is $42.10.

MicroSectors Gold Miners 3x Leveraged ETN Company Profile

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The MicroSectors Gold Miners 3X Leveraged ETN (GDXU) is an exchange-traded fund that is based on the S-Network MicroSectors Gold Miners index. The fund provides 3x daily leveraged exposure to a market-cap weighted index comprised of two gold miners ETFs. GDXU was launched on Dec 7, 2020 and is issued by REX Microsectors.

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