Sprott Physical Gold Trust (AMEX: PHYS) Emerges As Guiding Light For Investors

Sprott Physical Gold Trust (AMEX:PHYS) currently has a daily average trading volume of 2.22M but it saw 1992740 shares traded in last market. With a market cap of 8.81B USD, the company’s current market price of $21.11 came falling about -1.12 while comparing to the previous closing price of $21.35. In past 52 weeks, the stock remained buoying in the range of price level as high as $21.37 and as low as $15.09. In the recent trading on the day, stock has struck highest price mark of $21.03 while lowest mark touched by it was $21.3.

Taking a look at 20-day trading activity of Sprott Physical Gold Trust (PHYS) gives us an average price of $20.70, while its current price level is -1.22% below from 52-week high level whereas it is 39.89% 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 $20.10 while that of 200 days or SMA-200 reads an average of $18.13. A closer look into the stock’s movement over the week reveals that its volatility is standing at 0.87% during that period while stretching the period over a month that decreases to 0.79%. 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 65.91 which implies that the stock is in neutral territory.

Over the week, PHYS’s stock price is moving 1.59% up while it is 2.18% when we observe its performance for the past one month. Year-to-date it is 32.52% up and over the past year, the stock is showing an upside performance of 38.15%.

The company is expected to be releasing its next quarterly report in November, 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 417.18M. Stock’s beta reads 0.15.