Grayscale Ethereum Trust (NYSEARCA:ETHE – Get Free Report) hit a new 52-week low on Monday . The stock traded as low as $14.97 and last traded at $15.14, with a volume of 541173 shares traded. The stock had previously closed at $15.61.
Grayscale Ethereum Trust Stock Performance
The company has a fifty day moving average of $20.89 and a two-hundred day moving average of $23.95. The company has a market cap of $2.23 billion, a PE ratio of 1.61 and a beta of 3.40.
About Grayscale Ethereum Trust
The Grayscale Ethereum Trust ETF (ETHE) is an exchange-traded fund that mostly invests in long eth, short usd currency. The fund is passively managed, offering exposure to the daily USD spot price of ether (ETH). An investment in the fund is not a direct investment in ether. ETHE was launched on Dec 14, 2017 and is issued by Grayscale.
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