MicroSectors FANG+ Index 2X Leveraged ETN (NYSEARCA:FNGO) Sets New 12-Month High – Should You Buy?

MicroSectors FANG+ Index 2X Leveraged ETN (NYSEARCA:FNGOGet Free Report)’s share price hit a new 52-week high on Tuesday . The stock traded as high as $87.00 and last traded at $86.79, with a volume of 20472 shares. The stock had previously closed at $85.11.

MicroSectors FANG+ Index 2X Leveraged ETN Trading Up 2.0 %

The firm’s 50 day simple moving average is $77.58 and its two-hundred day simple moving average is $72.09. The firm has a market cap of $63.29 billion, a price-to-earnings ratio of 92.44 and a beta of 3.35.

About MicroSectors FANG+ Index 2X Leveraged ETN

(Get Free Report)

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.

Further Reading

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.