Sprott Physical Silver Trust (AMEX: PSLV) Drops -0.10% Over A Month, But Analysts Still See Upside Potential

Sprott Physical Silver Trust (AMEX:PSLV) currently has a daily average trading volume of 8.07M but it saw 15858350 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 -2.99 while comparing to the previous closing price of $10.70. 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 $10.36 while lowest mark touched by it was $10.54.

Taking a look at 20-day trading activity of Sprott Physical Silver Trust (PSLV) gives us an average price of $10.40, 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 $10.70 while that of 200 days or SMA-200 reads an average of $9.90. A closer look into the stock’s movement over the week reveals that its volatility is standing at 1.52% during that period while stretching the period over a month that decreases to 1.48%. 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 46.32 which implies that the stock is in neutral territory.

Over the week, PSLV’s stock price is moving -1.42% down while it is -0.10% 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 33.59%.

Currently, Sprott Physical Silver Trust’s total number of outstanding shares is 518.87M. Stock’s beta reads 0.67.