Sprott Physical Silver Trust (AMEX: PSLV) Drops -10.78% Over A Month, But Analysts Still See Upside Potential

Sprott Physical Silver Trust (AMEX:PSLV) currently has a daily average trading volume of 4.65M but it saw 10179711 shares traded in last market. With a market cap of 4.62B USD, the company’s current market price of $9.35 came rising about 1.96 while comparing to the previous closing price of $9.17. In past 52 weeks, the stock remained buoying in the range of price level as high as $10.88 and as low as $7.08. In the recent trading on the day, stock has struck highest price mark of $9.2701 while lowest mark touched by it was $9.41.

Taking a look at 20-day trading activity of Sprott Physical Silver Trust (PSLV) gives us an average price of $9.86, while its current price level is -14.06% below from 52-week high level whereas it is 32.00% 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 $10.04 while that of 200 days or SMA-200 reads an average of $8.77. A closer look into the stock’s movement over the week reveals that its volatility is standing at 2.48% during that period while stretching the period over a month that decreases to 2.15%. 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 38.32 which implies that the stock is in neutral territory.

Over the week, PSLV’s stock price is moving -4.30% down while it is -10.78% when we observe its performance for the past one month. Year-to-date it is 15.72% up and over the past year, the stock is showing an upside performance of 19.57%.

Currently, Sprott Physical Silver Trust’s total number of outstanding shares is 494.25M. Stock’s beta reads 0.72.