MAX Airlines 3x Leveraged ETN (NYSEARCA:JETU) Reaches New 52-Week Low – Here’s What Happened

MAX Airlines 3x Leveraged ETN (NYSEARCA:JETUGet Free Report) reached a new 52-week low on Friday . The company 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 cap of $8.29 billion and a PE ratio of 11.69. The stock has a fifty day simple moving average of $24.75 and a two-hundred day simple moving average of $25.91.

MAX Airlines 3x Leveraged ETN Company Profile

(Get Free Report)

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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