Market Vectors Indian Rupee/USD ETN (NYSEARCA:INR) Given Average Rating of “N/A” by Brokerages

Shares of Market Vectors Indian Rupee/USD ETN (NYSEARCA:INR) have been given a consensus rating of “N/A” by the zero ratings firms that are currently covering the company, MarketBeat reports.

INR has been the subject of several research reports. Raymond James initiated coverage on Market Vectors Indian Rupee/USD ETN in a research note on Tuesday. They issued a “strong-buy” rating and a $30.00 target price on the stock. Citigroup began coverage on Market Vectors Indian Rupee/USD ETN in a research report on Tuesday. They issued a “buy” rating and a $27.00 price objective on the stock. Bank of America began coverage on shares of Market Vectors Indian Rupee/USD ETN in a report on Tuesday. They set a “buy” rating and a $30.00 price target on the stock. Royal Bank of Canada began coverage on shares of Market Vectors Indian Rupee/USD ETN in a report on Tuesday. They issued an “outperform” rating and a $30.00 price objective for the company. Finally, Stephens assumed coverage on shares of Market Vectors Indian Rupee/USD ETN in a research note on Tuesday. They set an “overweight” rating and a $30.00 target price on the stock.

Insider Buying and Selling

In related news, Director Steven D. Gray bought 15,000 shares of the firm’s stock in a transaction on Monday, February 3rd. The shares were bought at an average price of $20.00 per share, with a total value of $300,000.00. Following the completion of the transaction, the director now directly owns 15,000 shares of the company’s stock, valued at $300,000. This represents a ∞ increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.

Market Vectors Indian Rupee/USD ETN Trading Up 0.2 %

Shares of NYSEARCA INR traded up $0.04 during trading hours on Tuesday, hitting $19.17. 33,640 shares of the stock were exchanged, compared to its average volume of 322,888. The firm has a fifty day moving average price of $32.81 and a 200-day moving average price of $36.82. Market Vectors Indian Rupee/USD ETN has a 12 month low of $18.47 and a 12 month high of $23.00.

Market Vectors Indian Rupee/USD ETN Company Profile

International Consolidated Airlines Group, SA, together with its subsidiaries, engages in the provision of passenger and cargo transportation services in the United Kingdom, Spain, Ireland, the United States, and rest of the world. The company operates under the British Airways, Iberia, Vueling, Aer Lingus, and LEVEL brands.