MicroSectors FANG+ Index 2X Leveraged ETN (NYSEARCA:FNGO – Get Free Report) gapped down prior to trading on Thursday . The stock had previously closed at $54.04, but opened at $50.45. MicroSectors FANG+ Index 2X Leveraged ETN shares last traded at $52.15, with a volume of 4,626 shares traded.
MicroSectors FANG+ Index 2X Leveraged ETN Stock Down 1.8 %
The stock has a market cap of $38.69 billion, a price-to-earnings ratio of 77.95 and a beta of 3.26. The company’s 50-day moving average is $57.58 and its 200-day moving average is $48.25.
About MicroSectors FANG+ Index 2X Leveraged ETN
The MicroSectors FANG+ Index 2X Leveraged ETNs (FNGO) is an exchange-traded fund that is based on the NYSE FANG+ index. The fund provides 2x the daily price movements of an index of US-listed technology and consumer discretionary companies. The index is highly concentrated and equally weighted. FNGO was launched on Aug 6, 2018 and is issued by REX Microsectors.
See Also
- Five stocks we like better than MicroSectors FANG+ Index 2X Leveraged ETN
- What is the Shanghai Stock Exchange Composite Index?
- Hasbro’s Management Made All the Right Calls This Quarter
- Best Stocks Under $5.00
- Caterpillar’s Market Reset Isn’t Over: Get Ready for Lower Prices
- Consumer Staples Stocks, Explained
- Power Surge: Utilities Sector’s Resilience Shines
Receive News & Ratings for MicroSectors FANG+ Index 2X Leveraged ETN Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for MicroSectors FANG+ Index 2X Leveraged ETN and related companies with MarketBeat.com's FREE daily email newsletter.