Sprott Physical Silver Trust (NYSE: PSLV) – Time For Strategy Change?

Sprott Physical Silver Trust (NYSE:PSLV) currently has a daily average trading volume of 16.37M but it saw 29237043 shares traded in last market. With a market cap of 5.71B USD, the company’s current market price of $10.98 came rising about 0.46 while comparing to the previous closing price of $10.93. 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 $10.86 while lowest mark touched by it was $11.0.

Taking a look at 20-day trading activity of Sprott Physical Silver Trust (PSLV) gives us an average price of $10.55, while its current price level is -6.71% below from 52-week high level whereas it is 48.38% 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 $10.29 while that of 200 days or SMA-200 reads an average of $10.22. A closer look into the stock’s movement over the week reveals that its volatility is standing at 1.39% during that period while stretching the period over a month that increases to 1.46%. 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 66.00 which implies that the stock is in neutral territory.

Over the week, PSLV’s stock price is moving 0.55% up while it is 9.58% when we observe its performance for the past one month. Year-to-date it is 13.78% up and over the past year, the stock is showing an upside performance of 43.91%.

Stock’s beta reads 0.66.