Sprott Physical Silver Trust (AMEX: PSLV) Recovers 50.35% From 52-Week Low, Is PSLV Still A High-Risk, High-Reward Play?

Sprott Physical Silver Trust (AMEX:PSLV) currently has a daily average trading volume of 4.91M but it saw 7257775 shares traded in last market. With a market cap of 5.42B USD, the company’s current market price of $10.65 came falling about -1.75 while comparing to the previous closing price of $10.84. 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 $10.61 while lowest mark touched by it was $10.8301.

Taking a look at 20-day trading activity of Sprott Physical Silver Trust (PSLV) gives us an average price of $10.06, while its current price level is -2.11% below from 52-week high level whereas it is 50.35% 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 $9.89 while that of 200 days or SMA-200 reads an average of $9.10. A closer look into the stock’s movement over the week reveals that its volatility is standing at 2.12% during that period while stretching the period over a month that increases to 2.12%. 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 60.77 which implies that the stock is in neutral territory.

Over the week, PSLV’s stock price is moving 5.97% up while it is 4.31% when we observe its performance for the past one month. Year-to-date it is 31.81% up and over the past year, the stock is showing an upside performance of 35.15%.

Currently, Sprott Physical Silver Trust’s total number of outstanding shares is 509.24M. Stock’s beta reads 0.70.