Range India Financials ETF (NYSEARCA:INDF) Stock Price Down 17.5% – What’s Next?

Range India Financials ETF (NYSEARCA:INDF)’s stock price fell 17.5% during mid-day trading on Friday . The stock traded as low as $31.00 and last traded at $31.1750. 45,387 shares were traded during trading, an increase of 1,037% from the average session volume of 3,993 shares. The stock had previously closed at $37.81.

Range India Financials ETF Price Performance

The firm has a market cap of $9.35 million, a P/E ratio of 19.06 and a beta of 0.71. The company has a fifty day moving average of $31.17 and a 200-day moving average of $31.18.

About Range India Financials ETF

The Nifty India Financials ETF (INDF) is an exchange-traded fund that is based on the Nifty Financial Services 25\u002F50 index. The fund is passively managed to select the top 20 Indian financial services companies by market capitalization. INDF was launched on Oct 21, 2020 and is managed by Nifty.