Roundhill MEME ETF (NYSEARCA:MEME) Stock Price Down 74.6% – Time to Sell?

Roundhill MEME ETF (NYSEARCA:MEMEGet Free Report)’s stock price was down 74.6% on Wednesday . The company traded as low as $9.66 and last traded at $9.81. Approximately 1,271,620 shares were traded during mid-day trading, an increase of 60,081% from the average daily volume of 2,113 shares. The stock had previously closed at $38.59.

Roundhill MEME ETF Stock Performance

The business’s 50 day moving average price is $37.94 and its 200 day moving average price is $38.31. The firm has a market cap of $784,800.00, a price-to-earnings ratio of -207.58 and a beta of 1.81.

Roundhill MEME ETF Company Profile

(Get Free Report)

The Roundhill MEME ETF (MEME) is an exchange-traded fund that is based on the Solactive Roundhill Meme Stock index. The fund tracks an equal-weighted index of 25 US-listed stocks selected baesd on a high social media activity score and high short interest percentage. MEME was launched on Dec 8, 2021 and is managed by Roundhill.

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