It’s Not A Fantasy To Think That Sprott Physical Silver Trust (PSLV) Has Big Future Potential

Sprott Physical Silver Trust (AMEX:PSLV) currently has a daily average trading volume of 9.00M but it saw 4697871 shares traded in last market. With a market cap of 5.14B USD, the company’s current market price of $9.91 came falling about -0.10 while comparing to the previous closing price of $9.92. 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 $9.85 while lowest mark touched by it was $9.92.

Taking a look at 20-day trading activity of Sprott Physical Silver Trust (PSLV) gives us an average price of $10.26, while its current price level is -15.80% below from 52-week high level whereas it is 33.92% 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 $10.60 while that of 200 days or SMA-200 reads an average of $9.98. A closer look into the stock’s movement over the week reveals that its volatility is standing at 1.70% during that period while stretching the period over a month that decreases to 1.38%. 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 38.81 which implies that the stock is in neutral territory.

Over the week, PSLV’s stock price is moving -2.94% down while it is -5.62% when we observe its performance for the past one month. Year-to-date it is 22.65% up and over the past year, the stock is showing an upside performance of 20.71%.

Currently, Sprott Physical Silver Trust’s total number of outstanding shares is 518.87M. Stock’s beta reads 0.68.