MAX Airlines 3x Leveraged ETN (NYSEARCA:JETU – Get Free Report) hit a new 52-week low during mid-day trading on Thursday . The company traded as low as $10.45 and last traded at $15.05, with a volume of 35745 shares trading hands. The stock had previously closed at $10.45.
MAX Airlines 3x Leveraged ETN Trading Up 5.3 %
The business’s 50 day simple moving average is $22.13 and its two-hundred day simple moving average is $25.49. The firm has a market capitalization of $9.25 billion and a PE ratio of 11.69.
MAX Airlines 3x Leveraged ETN Company Profile
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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