Look Past The Setbacks And Give Sprott Physical Gold Trust (AMEX: PHYS) Another Chance

Sprott Physical Gold Trust (AMEX:PHYS) currently has a daily average trading volume of 2.40M but it saw 4175826 shares traded in last market. With a market cap of 8.30B USD, the company’s current market price of $19.77 came falling about -0.65 while comparing to the previous closing price of $19.90. 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 $19.735 while lowest mark touched by it was $20.02.

Taking a look at 20-day trading activity of Sprott Physical Gold Trust (PHYS) gives us an average price of $21.00, while its current price level is -8.89% below from 52-week high level whereas it is 31.01% 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 $20.56 while that of 200 days or SMA-200 reads an average of $18.53. A closer look into the stock’s movement over the week reveals that its volatility is standing at 1.10% during that period while stretching the period over a month that decreases to 0.88%. 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 31.52 which implies that the stock is in neutral territory.

Over the week, PHYS’s stock price is moving -4.22% down while it is -4.40% when we observe its performance for the past one month. Year-to-date it is 24.11% up and over the past year, the stock is showing an upside performance of 29.55%.

Currently, Sprott Physical Gold Trust’s total number of outstanding shares is 419.78M. Stock’s beta reads 0.13.