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

MicroSectors Gold Miners 3x Leveraged ETN (NYSEARCA:GDXU – Get Free Report) gapped up prior to trading on Friday. The stock had previously closed at $102.14, but opened at $107.30. MicroSectors Gold Miners 3x Leveraged ETN shares last traded at $107.63, with a volume of 671,909 shares changing hands.

MicroSectors Gold Miners 3x Leveraged ETN Price Performance

The stock’s 50 day simple moving average is $133.86 and its 200-day simple moving average is $146.15. The company has a market capitalization of $888.85 million, a PE ratio of 21.92 and a beta of 2.05.

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.

Featured Stories

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.