MicroSectors FANG+ 3X Leveraged ETN (NYSEARCA:FNGU) Share Price Crosses Below Two Hundred Day Moving Average – What’s Next?

MicroSectors FANG+ 3X Leveraged ETN (NYSEARCA:FNGU – Get Free Report)’s stock price crossed below its two hundred day moving average during trading on Friday. The stock has a two hundred day moving average of $26.66 and traded as low as $25.09. MicroSectors FANG+ 3X Leveraged ETN shares last traded at $26.06, with a volume of 3,277,468 shares.

MicroSectors FANG+ 3X Leveraged ETN Price Performance

The stock has a market cap of $2.08 billion, a price-to-earnings ratio of 37.17 and a beta of 5.79. The stock has a fifty day moving average of $33.04 and a 200 day moving average of $26.66.

MicroSectors FANG+ 3X Leveraged ETN Company Profile

(Get Free Report)

The MicroSectors FANG+ Index 3X Leveraged ETN (FNGU) is an exchange-traded fund that is based on the NYSE FANG+ index. The fund tracks 3x the daily price movements of an equal-weighted index of US-listed technology and consumer discretionary companies. FNGU was launched on Jan 22, 2018 and is issued by REX Microsectors.

Further Reading

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