Should You Sell Sprott Physical Silver Trust (PSLV) And Go Away This Year?

money audit

Sprott Physical Silver Trust (AMEX:PSLV) currently has a daily average trading volume of 8.58M but it saw 16594242 shares traded in last market. With a market cap of 5.06B USD, the company’s current market price of $9.73 came falling about -1.32 while comparing to the previous closing price of $9.86. 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 $9.61 while lowest mark touched by it was $9.77.

Taking a look at 20-day trading activity of Sprott Physical Silver Trust (PSLV) gives us an average price of $10.32, while its current price level is -17.33% below from 52-week high level whereas it is 31.49% 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 $10.64 while that of 200 days or SMA-200 reads an average of $9.95. A closer look into the stock’s movement over the week reveals that its volatility is standing at 1.58% during that period while stretching the period over a month that decreases to 1.43%. 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 32.59 which implies that the stock is in neutral territory.

Over the week, PSLV’s stock price is moving -6.26% down while it is -7.51% when we observe its performance for the past one month. Year-to-date it is 20.42% up and over the past year, the stock is showing an upside performance of 18.80%.

The company is expected to be releasing its next quarterly report in January, for which analysts forecasted an EPS of 0 while estimate for next year EPS is 0.

Currently, Sprott Physical Silver Trust’s total number of outstanding shares is 519.98M. Stock’s beta reads 0.68.