MicroSectors Gold Miners 3x Leveraged ETN (NYSEARCA:GDXU) Shares Gap Up – Still a Buy?

MicroSectors Gold Miners 3x Leveraged ETN (NYSEARCA:GDXUGet Free Report)’s share price gapped up prior to trading on Thursday . The stock had previously closed at $27.18, but opened at $28.45. MicroSectors Gold Miners 3x Leveraged ETN shares last traded at $29.35, with a volume of 334,583 shares changing hands.

MicroSectors Gold Miners 3x Leveraged ETN Price Performance

The company has a market capitalization of $21.68 billion, a PE ratio of 24.08 and a beta of 2.79. The stock’s 50 day simple moving average is $38.08 and its 200-day simple moving average is $41.28.

About MicroSectors Gold Miners 3x Leveraged ETN

(Get Free Report)

The MicroSectors Gold Miners 3X Leveraged ETN (GDXU) is an exchange-traded fund that is based on the S-Network MicroSectors Gold Miners index. The fund provides 3x daily leveraged exposure to a market-cap weighted index comprised of two gold miners ETFs. GDXU was launched on Dec 7, 2020 and is issued by REX Microsectors.

Read More

Receive News & Ratings for MicroSectors Gold Miners 3x Leveraged ETN Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for MicroSectors Gold Miners 3x Leveraged ETN and related companies with MarketBeat.com's FREE daily email newsletter.