MicroSectors Gold Miners 3x Leveraged ETN (NYSEARCA:GDXU) Shares Gap Up – Still a Buy?

MicroSectors Gold Miners 3x Leveraged ETN (NYSEARCA:GDXU – Get Free Report) gapped up prior to trading on Monday. The stock had previously closed at $64.34, but opened at $68.68. MicroSectors Gold Miners 3x Leveraged ETN shares last traded at $72.11, with a volume of 931,330 shares.

MicroSectors Gold Miners 3x Leveraged ETN Price Performance

The stock has a market capitalization of $612.85 million, a P/E ratio of 21.92 and a beta of 2.05. The business’s 50 day moving average price is $124.68 and its 200 day moving average price is $186.34.

About MicroSectors Gold Miners 3x Leveraged ETN

(Get Free Report)

The MicroSectors Gold Miners 3X Leveraged ETN (GDXU) is an exchange-traded fund that is based on the S-Network MicroSectors Gold Miners index. The fund provides 3x daily leveraged exposure to a market-cap weighted index comprised of two gold miners ETFs. GDXU was launched on Dec 7, 2020 and is issued by REX Microsectors.

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