Sprott Physical Gold Trust (NYSE: PHYS): Think Like A Lender, Not An Investor

Sprott Physical Gold Trust (NYSE:PHYS) currently has a daily average trading volume of 3.56M but it saw 3293291 shares traded in last market. With a market cap of 10.11B USD, the company’s current market price of $23.59 came rising about 0.43 while comparing to the previous closing price of $23.49. In past 52 weeks, the stock remained buoying in the range of price level as high as $23.52 and as low as $16.66. In the recent trading on the day, stock has struck highest price mark of $23.41 while lowest mark touched by it was $23.605.

Taking a look at 20-day trading activity of Sprott Physical Gold Trust (PHYS) gives us an average price of $22.77, while its current price level is 0.30% below from 52-week high level whereas it is 41.60% 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 $22.03 while that of 200 days or SMA-200 reads an average of $20.25. A closer look into the stock’s movement over the week reveals that its volatility is standing at 0.64% during that period while stretching the period over a month that increases to 0.85%. 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 72.87 which implies that the stock is in overbought territory.

Over the week, PHYS’s stock price is moving 3.56% up while it is 4.29% when we observe its performance for the past one month. Year-to-date it is 17.13% up and over the past year, the stock is showing an upside performance of 40.67%.

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

Stock’s beta reads 0.16.