Spotting A Winner: Sprott Physical Gold Trust (NYSE: PHYS) Retreats -3.14 And It Still Have Room To Run

Sprott Physical Gold Trust (NYSE:PHYS) currently has a daily average trading volume of 2.17M but it saw 5641867 shares traded in last market. With a market cap of 8.63B USD, the company’s current market price of $20.64 came falling about -3.14 while comparing to the previous closing price of $21.31. In past 52 weeks, the stock remained buoying in the range of price level as high as $21.70 and as low as $15.09. In the recent trading on the day, stock has struck highest price mark of $20.55 while lowest mark touched by it was $20.75.

Taking a look at 20-day trading activity of Sprott Physical Gold Trust (PHYS) gives us an average price of $21.08, while its current price level is -4.88% below from 52-week high level whereas it is 36.78% 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 $20.48 while that of 200 days or SMA-200 reads an average of $18.41. A closer look into the stock’s movement over the week reveals that its volatility is standing at 0.93% during that period while stretching the period over a month that decreases to 0.77%. 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 43.13 which implies that the stock is in neutral territory.

Over the week, PHYS’s stock price is moving -4.71% down while it is 1.18% when we observe its performance for the past one month. Year-to-date it is 29.57% up and over the past year, the stock is showing an upside performance of 33.25%.

Currently, Sprott Physical Gold Trust’s total number of outstanding shares is 418.17M. Stock’s beta reads 0.15.