Shares of MAX Auto Industry 3x Leveraged ETN (NYSEARCA:CARU – Get Free Report) 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 changing hands. The stock had previously closed at $16.40.
MAX Auto Industry 3x Leveraged ETN Stock Down 5.1 %
The company has a 50-day moving average of $24.74 and a 200-day moving average of $26.21. The company has a market cap of $11.35 billion, a PE ratio of 9.90 and a beta of 4.69.
About MAX Auto Industry 3x Leveraged ETN
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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