MAX Auto Industry 3x Leveraged ETN (NYSEARCA:CARU) Shares Up 0.4% – Still a Buy?

MAX Auto Industry 3x Leveraged ETN (NYSEARCA:CARUGet Free Report) shot up 0.4% on Thursday . The stock traded as high as $35.53 and last traded at $35.53. 156 shares traded hands during mid-day trading, a decline of 85% from the average session volume of 1,075 shares. The stock had previously closed at $35.39.

MAX Auto Industry 3x Leveraged ETN Trading Up 0.4%

The stock has a market capitalization of $5.68 million, a PE ratio of 19.04 and a beta of 4.69. The firm has a 50 day moving average of $30.48 and a two-hundred day moving average of $25.85.

About MAX Auto Industry 3x Leveraged ETN

(Get Free Report)

The MAX Auto Industry 3X Leveraged ETN (CARU) 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.

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