MAX Auto Industry -3x Inverse Leveraged ETN (NYSEARCA:CARD) Shares Gap Up – Time to Buy?

MAX Auto Industry -3x Inverse Leveraged ETN (NYSEARCA:CARDGet Free Report) shares gapped up before the market opened on Monday . The stock had previously closed at $8.36, but opened at $8.65. MAX Auto Industry -3x Inverse Leveraged ETN shares last traded at $8.69, with a volume of 6,244 shares changing hands.

MAX Auto Industry -3x Inverse Leveraged ETN Stock Performance

The stock has a market capitalization of $6.32 billion, a P/E ratio of 13.91 and a beta of -4.70. The firm has a fifty day moving average price of $6.62 and a two-hundred day moving average price of $8.16.

MAX Auto Industry -3x Inverse Leveraged ETN Company Profile

(Get Free Report)

The MAX Auto Industry -3x Inverse Leveraged ETN (CARD) 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.

See Also

Receive News & Ratings for MAX Auto Industry -3x Inverse 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 Inverse Leveraged ETN and related companies with MarketBeat.com's FREE daily email newsletter.