Sprott Physical Gold Trust (PHYS) At $20.57 Offering A Unique Opportunity

Sprott Physical Gold Trust (NYSE:PHYS) currently has a daily average trading volume of 2.39M but it saw 3761652 shares traded in last market. With a market cap of 8.63B USD, the company’s current market price of $20.57 came rising about 0.83 while comparing to the previous closing price of $20.40. In past 52 weeks, the stock remained buoying in the range of price level as high as $21.70 and as low as $15.31. In the recent trading on the day, stock has struck highest price mark of $20.51 while lowest mark touched by it was $20.62.

Taking a look at 20-day trading activity of Sprott Physical Gold Trust (PHYS) gives us an average price of $20.68, while its current price level is -5.21% below from 52-week high level whereas it is 34.36% 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 $20.62 while that of 200 days or SMA-200 reads an average of $18.66. A closer look into the stock’s movement over the week reveals that its volatility is standing at 0.63% during that period while stretching the period over a month that increases to 0.82%. 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 51.22 which implies that the stock is in neutral territory.

Over the week, PHYS’s stock price is moving 4.63% up while it is -2.56% when we observe its performance for the past one month. Year-to-date it is 29.13% up and over the past year, the stock is showing an upside performance of 31.69%.

Stock’s beta reads 0.14.