Sprott Physical Gold Trust (AMEX: PHYS) – Time For Strategy Change?

Sprott Physical Gold Trust (AMEX:PHYS) currently has a daily average trading volume of 1.92M but it saw 1777499 shares traded in last market. With a market cap of 7.75B USD, the company’s current market price of $19.10 came rising about 0.37 while comparing to the previous closing price of $19.03. In past 52 weeks, the stock remained buoying in the range of price level as high as $19.24 and as low as $14.00. In the recent trading on the day, stock has struck highest price mark of $18.961 while lowest mark touched by it was $19.16.

Taking a look at 20-day trading activity of Sprott Physical Gold Trust (PHYS) gives us an average price of $18.76, while its current price level is -0.73% below from 52-week high level whereas it is 36.43% 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 $18.48 while that of 200 days or SMA-200 reads an average of $17.05. A closer look into the stock’s movement over the week reveals that its volatility is standing at 0.83% during that period while stretching the period over a month that increases to 1.01%. 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 60.31 which implies that the stock is in neutral territory.

Over the week, PHYS’s stock price is moving 1.60% up while it is 0.42% when we observe its performance for the past one month. Year-to-date it is 19.90% up and over the past year, the stock is showing an upside performance of 28.79%.

The company is expected to be releasing its next quarterly report in September, for which analysts forecasted an EPS of 0 while estimate for next year EPS is 0.

Currently, Sprott Physical Gold Trust’s total number of outstanding shares is 405.74M. Stock’s beta reads 0.15.