Sprott Physical Gold Trust (NYSE: PHYS) Emerges As Guiding Light For Investors

Sprott Physical Gold Trust (NYSE:PHYS) currently has a daily average trading volume of 3.94M but it saw 4266504 shares traded in last market. With a market cap of 10.56B USD, the company’s current market price of $24.19 came rising about 0.21 while comparing to the previous closing price of $24.14. In past 52 weeks, the stock remained buoying in the range of price level as high as $24.20 and as low as $17.54. In the recent trading on the day, stock has struck highest price mark of $24.145 while lowest mark touched by it was $24.28.

Taking a look at 20-day trading activity of Sprott Physical Gold Trust (PHYS) gives us an average price of $23.32, while its current price level is -0.04% below from 52-week high level whereas it is 37.91% 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 $22.62 while that of 200 days or SMA-200 reads an average of $20.53. A closer look into the stock’s movement over the week reveals that its volatility is standing at 0.73% during that period while stretching the period over a month that increases to 0.77%. 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 74.94 which implies that the stock is in overbought territory.

Over the week, PHYS’s stock price is moving 3.78% up while it is 6.94% when we observe its performance for the past one month. Year-to-date it is 20.11% up and over the past year, the stock is showing an upside performance of 38.39%.

Stock’s beta reads 0.13.