Are Analysts Too Bullish On Sprott Physical Silver Trust (PSLV)

Sprott Physical Silver Trust (AMEX:PSLV) currently has a daily average trading volume of 10.81M but it saw 18725364 shares traded in last market. With a market cap of 5.37B USD, the company’s current market price of $10.32 came rising about 0.19 while comparing to the previous closing price of $10.30. 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 $10.28 while lowest mark touched by it was $10.39.

Taking a look at 20-day trading activity of Sprott Physical Silver Trust (PSLV) gives us an average price of $9.95, while its current price level is -12.32% below from 52-week high level whereas it is 39.46% 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 $10.25 while that of 200 days or SMA-200 reads an average of $10.10. A closer look into the stock’s movement over the week reveals that its volatility is standing at 1.36% during that period while stretching the period over a month that increases 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 57.23 which implies that the stock is in neutral territory.

Over the week, PSLV’s stock price is moving 2.58% up while it is 0.88% when we observe its performance for the past one month. Year-to-date it is 6.94% up and over the past year, the stock is showing an upside performance of 33.33%.

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

Stock’s beta reads 0.68.