MicroSectors U.S. Big Oil -3X Inverse Leveraged ETNs (NYSEARCA:NRGD – Get Free Report)’s stock price traded down 7.8% during mid-day trading on Tuesday . The company traded as low as $28.35 and last traded at $28.58. 8,126 shares traded hands during trading, a decline of 59% from the average session volume of 19,911 shares. The stock had previously closed at $31.00.
MicroSectors U.S. Big Oil -3X Inverse Leveraged ETNs Price Performance
The company has a market cap of $812,100.00, a price-to-earnings ratio of 2.73 and a beta of 0.88. The firm has a 50-day moving average price of $27.91 and a 200 day moving average price of $40.79.
MicroSectors U.S. Big Oil -3X Inverse Leveraged ETNs Company Profile
The MicroSectors U.S. Big Oil Index -3X Inverse Leveraged ETN (NRGD) is an exchange-traded fund that is based on the Solactive MicroSectors U.S. Big Oil index. The fund tracks three times the inverse of the performance of an equal-weighted index of U.S. Oil & Gas Companies. NRGD was launched on Apr 12, 2019 and is issued by REX Microsectors.
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