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Breakwave Tanker Shipping Etf

Breakwave Tanker Shipping Etf stock price and volume chart
IndustryExchange Traded Fund
SectorFinancial Services Etf
ExchangeNYSE
Market Capitalization236.27 mln

Business Description

Every trading day, the Baltic Exchange in London publishes shipping rate indexes that track what it costs to move crude oil across specific sea routes using different sizes of tankers. Freight Futures allow buyers and sellers to lock in or speculate on those rates before the actual shipments take place. This gives participants a way to manage the financial risk that comes with unpredictable changes in oil transportation costs.

Key Fundamentals

EPS80.96
P/E11.26

Quote Details

Last 906.50
Change -27.29 (-2.92%)
Open 933.00
Volume 41,946
Turnover 38,024,048
Average Volume 95,528

Price Performance & Relative Strength

Period Price Performance Relative Strength
1 Week 13.14% 97 / 100   
1 Month 24.18% 97 / 100   
2 Months 281% 100 / 100   
6 Months 486% 100 / 100   
1 Year 5273% 100 / 100   



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