MAX Auto Industry 3x Leveraged ETN (NYSEARCA:CARU) Shares Gap Up – Still a Buy?

MAX Auto Industry 3x Leveraged ETN (NYSEARCA:CARUGet Free Report)’s share price gapped up before the market opened on Monday . The stock had previously closed at $21.66, but opened at $22.55. MAX Auto Industry 3x Leveraged ETN shares last traded at $21.62, with a volume of 1,542 shares trading hands.

MAX Auto Industry 3x Leveraged ETN Trading Down 0.6 %

The stock has a 50 day moving average price of $19.81 and a two-hundred day moving average price of $25.65. The company has a market cap of $15.74 billion, a price-to-earnings ratio of 14.39 and a beta of 4.69.

About MAX Auto Industry 3x Leveraged ETN

(Get Free Report)

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.

Featured Stories

Receive News & Ratings for MAX Auto Industry 3x Leveraged ETN Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for MAX Auto Industry 3x Leveraged ETN and related companies with MarketBeat.com's FREE daily email newsletter.