Xtrackers RREEF Global Natural Resources ETF (NASDAQ:NRES) Shares Down 0.3% – Time to Sell?

Xtrackers RREEF Global Natural Resources ETF (NASDAQ:NRES) shares traded down 0.3% during trading on Friday . The company traded as low as $24.18 and last traded at $24.10. 4 shares traded hands during mid-day trading, a decline of 98% from the average session volume of 234 shares. The stock had previously closed at $24.18.

Xtrackers RREEF Global Natural Resources ETF Stock Performance

The firm has a market cap of $28.44 million, a P/E ratio of 12.65 and a beta of 0.60. The firm’s fifty day moving average is $25.12 and its 200 day moving average is $26.16.

Xtrackers RREEF Global Natural Resources ETF Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, December 30th. Investors of record on Friday, December 20th were issued a dividend of $0.1544 per share. This represents a $0.62 annualized dividend and a dividend yield of 2.56%. The ex-dividend date of this dividend was Friday, December 20th.

Xtrackers RREEF Global Natural Resources ETF Company Profile

The Xtrackers RREEF Global Natural Resources ETF (NRES) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund is actively managed, investing in equity and equity-related securities of companies within the global natural resources sector. The fund aims for capital growth and income generation NRES was launched on Feb 27, 2024 and is issued by Xtrackers.