Sprott Physical Silver Trust (AMEX: PSLV) – Time For Strategy Change?

Sprott Physical Silver Trust (AMEX:PSLV) currently has a daily average trading volume of 6.00M but it saw 8775608 shares traded in last market. With a market cap of 5.82B USD, the company’s current market price of $11.35 came falling about -3.24 while comparing to the previous closing price of $11.73. In past 52 weeks, the stock remained buoying in the range of price level as high as $11.77 and as low as $7.40. In the recent trading on the day, stock has struck highest price mark of $11.28 while lowest mark touched by it was $11.52.

Taking a look at 20-day trading activity of Sprott Physical Silver Trust (PSLV) gives us an average price of $10.77, while its current price level is -3.57% below from 52-week high level whereas it is 53.38% 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 $10.33 while that of 200 days or SMA-200 reads an average of $9.37. A closer look into the stock’s movement over the week reveals that its volatility is standing at 2.56% during that period while stretching the period over a month that decreases to 2.22%. 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 62.77 which implies that the stock is in neutral territory.

Over the week, PSLV’s stock price is moving 6.07% up while it is 4.70% when we observe its performance for the past one month. Year-to-date it is 40.47% up and over the past year, the stock is showing an upside performance of 46.07%.

Currently, Sprott Physical Silver Trust’s total number of outstanding shares is 512.52M. Stock’s beta reads 0.70.