Shares of Grayscale Ethereum Trust (NYSEARCA:ETHE – Get Free Report) hit a new 52-week low on Monday . The stock traded as low as $12.38 and last traded at $12.45, with a volume of 1246818 shares trading hands. The stock had previously closed at $15.07.
Grayscale Ethereum Trust Price Performance
The stock has a market capitalization of $1.86 billion, a price-to-earnings ratio of 1.69 and a beta of 3.63. The business has a fifty day moving average of $19.64 and a 200-day moving average of $23.80.
Grayscale Ethereum Trust Company Profile
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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