GASX Stock: Direxion Daily Natural Gas Related Bear 3X Shares Stock Price, Analysis & Insights
Get live gasx stock price $16.00, comprehensive Direxion Daily Natural Gas Related Bear 3X Shares stock analysis, charts, news, and expert forecast. Real-time gasx stock data and investment insights.
Company Overview
The investment seeks daily investment results, net of expenses, of 300% of the inverse of the daily performance of the ISE-Revere Natural Gas IndexTM. The fund, under normal circumstances, invests in swap agreements, futures contracts, short positions or other financial instruments that, in combination, provide inverse (opposite) or short leveraged exposure to the index equal to at least 80% of the fund's net assets (plus borrowing for investment purposes). The index is designed to take advantage of both event-driven news and long term trends in the natural gas industry. The fund is non-diversified.
Investment Analysis & Insights
Key Investment Highlights
- Market Position: Financial Services leader with 17.10M market capitalization
- Trading Volume: 104.46K shares traded today
- Price Range: 52-week range of $7.37 - $49.91
- Exchange: Listed on New York Stock Exchange Arca
Financial Metrics
Market Analysis for Direxion Daily Natural Gas Related Bear 3X Shares
Direxion Daily Natural Gas Related Bear 3X Shares (GASX) operates in the Asset Management - Leveraged industry within the Financial Services sector. With a current market capitalization of 17.10M, the company represents a significant player in its market. The stock is currently trading at $16.00 with a positivedaily change of 19.67%.
The company's substantial employee base and presence on the New York Stock Exchange Arcaexchange position it as a Financial Services sector leader. Investors should consider the stock's P/E ratio of N/A, beta of -5.52, and 52-week price range from $7.37 to $49.91when evaluating investment opportunities.
Why Invest in Direxion Daily Natural Gas Related Bear 3X Shares?
Strengths
- • Established market presence in Financial Services
- • Strong financial metrics and market position
- • Listed on major exchange (New York Stock Exchange Arca)
- • Experienced leadership under
Investment Considerations
- • Monitor sector-specific market trends
- • Track quarterly earnings performance
- • Consider market volatility and beta
- • Evaluate long-term growth potential
Related Financial Services Stocks
About Financial Services Sector
The Financial Services sector includes companies that provide banking, insurance, investment, and other financial services to consumers and businesses.