Ideas And Forecasts On Sprott Physical Silver Trust (NYSE: PSLV)

Sprott Physical Silver Trust (NYSE:PSLV) currently has a daily average trading volume of 7.05M but it saw 4810088 shares traded in last market. With a market cap of 5.39B USD, the company’s current market price of $10.38 came falling about -1.33 while comparing to the previous closing price of $10.52. 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 $10.35 while lowest mark touched by it was $10.5099.

Taking a look at 20-day trading activity of Sprott Physical Silver Trust (PSLV) gives us an average price of $10.80, while its current price level is -11.81% below from 52-week high level whereas it is 40.27% 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 $10.71 while that of 200 days or SMA-200 reads an average of $9.69. A closer look into the stock’s movement over the week reveals that its volatility is standing at 1.54% during that period while stretching the period over a month that increases to 1.79%. 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 43.77 which implies that the stock is in neutral territory.

Over the week, PSLV’s stock price is moving 1.86% up while it is -11.51% when we observe its performance for the past one month. Year-to-date it is 28.47% up and over the past year, the stock is showing an upside performance of 30.08%.

Currently, Sprott Physical Silver Trust’s total number of outstanding shares is 518.87M. Stock’s beta reads 0.69.