A Few Bright Spots In Sprott Physical Gold Trust (NYSE: PHYS)

Sprott Physical Gold Trust (NYSE:PHYS) currently has a daily average trading volume of 2.08M but it saw 2311043 shares traded in last market. With a market cap of 8.14B USD, the company’s current market price of $19.82 came falling about -0.60 while comparing to the previous closing price of $19.94. In past 52 weeks, the stock remained buoying in the range of price level as high as $20.08 and as low as $14.00. In the recent trading on the day, stock has struck highest price mark of $19.7801 while lowest mark touched by it was $20.2099.

Taking a look at 20-day trading activity of Sprott Physical Gold Trust (PHYS) gives us an average price of $19.62, while its current price level is -1.29% below from 52-week high level whereas it is 41.57% 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 $19.15 while that of 200 days or SMA-200 reads an average of $17.52. A closer look into the stock’s movement over the week reveals that its volatility is standing at 0.96% during that period while stretching the period over a month that decreases to 0.87%. 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 60.05 which implies that the stock is in neutral territory.

Over the week, PHYS’s stock price is moving 1.12% up while it is 1.95% when we observe its performance for the past one month. Year-to-date it is 24.42% up and over the past year, the stock is showing an upside performance of 31.61%.

Currently, Sprott Physical Gold Trust’s total number of outstanding shares is 410.75M. Stock’s beta reads 0.15.