Sprott Physical Silver Trust (NYSE: PSLV) Emerges As Guiding Light For Investors

Sprott Physical Silver Trust (NYSE:PSLV) currently has a daily average trading volume of 6.46M but it saw 12261440 shares traded in last market. With a market cap of 5.48B USD, the company’s current market price of $10.59 came falling about -4.34 while comparing to the previous closing price of $11.07. 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 $10.45 while lowest mark touched by it was $10.6699.

Taking a look at 20-day trading activity of Sprott Physical Silver Trust (PSLV) gives us an average price of $11.08, while its current price level is -10.03% below from 52-week high level whereas it is 43.11% 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 $10.57 while that of 200 days or SMA-200 reads an average of $9.55. A closer look into the stock’s movement over the week reveals that its volatility is standing at 1.91% during that period while stretching the period over a month that increases to 1.97%. 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 42.78 which implies that the stock is in neutral territory.

Over the week, PSLV’s stock price is moving -7.43% down while it is 2.12% when we observe its performance for the past one month. Year-to-date it is 31.06% up and over the past year, the stock is showing an upside performance of 35.08%.

Currently, Sprott Physical Silver Trust’s total number of outstanding shares is 517.62M. Stock’s beta reads 0.71.