Sprott Physical Gold Trust (NYSE: PHYS): Retirees Don’t Worry About Volatility

Sprott Physical Gold Trust (NYSE:PHYS) currently has a daily average trading volume of 1.66M but it saw 1915025 shares traded in last market. With a market cap of 7.48B USD, the company’s current market price of $18.57 came falling about -0.21 while comparing to the previous closing price of $18.61. In past 52 weeks, the stock remained buoying in the range of price level as high as $19.22 and as low as $14.00.

Taking a look at 20-day trading activity of Sprott Physical Gold Trust (PHYS) gives us an average price of $18.49, while its current price level is -3.36% below from 52-week high level whereas it is 32.64% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $18.33 while that of 200 days or SMA-200 reads an average of $16.74. A closer look into the stock’s movement over the week reveals that its volatility is standing at 0.90% during that period while stretching the period over a month that decreases to 0.81%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 52.83 which implies that the stock is in neutral territory.

Over the week, PHYS’s stock price is moving -2.37% down while it is 2.54% when we observe its performance for the past one month. Year-to-date it is 16.57% up and over the past year, the stock is showing an upside performance of 21.77%.

Currently, Sprott Physical Gold Trust’s total number of outstanding shares is 402.54M. Stock’s beta reads 0.13.