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 1.97M but it saw 1925660 shares traded in last market. With a market cap of 7.85B USD, the company’s current market price of $19.29 came falling about -1.18 while comparing to the previous closing price of $19.52. In past 52 weeks, the stock remained buoying in the range of price level as high as $19.63 and as low as $14.00. In the recent trading on the day, stock has struck highest price mark of $19.22 while lowest mark touched by it was $19.4.

Taking a look at 20-day trading activity of Sprott Physical Gold Trust (PHYS) gives us an average price of $18.99, while its current price level is -1.73% below from 52-week high level whereas it is 37.79% 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 $18.61 while that of 200 days or SMA-200 reads an average of $17.15. A closer look into the stock’s movement over the week reveals that its volatility is standing at 1.09% during that period while stretching the period over a month that decreases to 1.05%. 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 59.73 which implies that the stock is in neutral territory.

Over the week, PHYS’s stock price is moving 0.99% up while it is 3.88% when we observe its performance for the past one month. Year-to-date it is 21.09% up and over the past year, the stock is showing an upside performance of 30.43%.

Stock’s beta reads 0.15.