iPath Series B Carbon ETN (NYSEARCA:GRN) Share Price Crosses Below 200 Day Moving Average – Should You Sell?

iPath Series B Carbon ETN (NYSEARCA:GRNGet Free Report) crossed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $27.55 and traded as low as $27.44. iPath Series B Carbon ETN shares last traded at $27.44, with a volume of 703 shares trading hands.

iPath Series B Carbon ETN Price Performance

The business has a 50 day moving average of $29.62 and a 200 day moving average of $27.55. The firm has a market capitalization of $22.66 million, a price-to-earnings ratio of 2.95 and a beta of 0.70.

iPath Series B Carbon ETN Company Profile

(Get Free Report)

The iPath Series B Carbon Exchange-Traded Notes (GRN) is an exchange-traded fund that is based on the Barclays Global Carbon II TR USD index. The fund is an ETN that tracks a liquidity-weighted index of carbon-related credit plans. The index holds December futures contracts on EUAs and CERs. GRN was launched on Sep 10, 2019 and is issued by iPath.

Further Reading

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