iPath Series B Carbon ETN (NYSEARCA:GRN) Stock Crosses Below Two Hundred Day Moving Average – Time to Sell?

iPath Series B Carbon ETN (NYSEARCA:GRNGet Free Report)’s share price crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $27.03 and traded as low as $26.31. iPath Series B Carbon ETN shares last traded at $26.49, with a volume of 335 shares changing hands.

iPath Series B Carbon ETN Stock Performance

The business’s fifty day moving average is $26.04 and its 200-day moving average is $27.02. The firm has a market cap of $77.03 million and a P/E ratio of 2.91.

About iPath Series B Carbon ETN

(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.

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