MAX Airlines 3x Leveraged ETN (NYSEARCA:JETU – Get Free Report) hit a new 52-week low on Friday . The stock traded as low as $11.70 and last traded at $11.16, with a volume of 2545 shares. The stock had previously closed at $14.09.
MAX Airlines 3x Leveraged ETN Stock Performance
The stock has a market capitalization of $8.29 billion and a PE ratio of 11.69. The business’s 50-day moving average is $24.75 and its two-hundred day moving average is $25.91.
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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