Grayscale Ethereum Trust (NYSEARCA:ETHE – Get Free Report)’s share price reached a new 52-week low during trading on Monday . The stock traded as low as $16.10 and last traded at $16.20, with a volume of 5235199 shares traded. The stock had previously closed at $18.00.
Grayscale Ethereum Trust Stock Down 13.6 %
The stock has a fifty day simple moving average of $24.49 and a 200-day simple moving average of $24.45. The company has a market capitalization of $2.37 billion, a P/E ratio of 2.19 and a beta of 3.40.
About Grayscale Ethereum Trust
The Grayscale Ethereum Trust ETF (ETHE) is an exchange-traded fund that mostly invests in long eth, short usd currency. The fund is passively managed, offering exposure to the daily USD spot price of ether (ETH). An investment in the fund is not a direct investment in ether. ETHE was launched on Dec 14, 2017 and is issued by Grayscale.
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