Should Investors Trust The Upside Potential In Sprott Physical Silver Trust (PSLV)?

money audit

Sprott Physical Silver Trust (AMEX:PSLV) currently has a daily average trading volume of 40.03M but it saw 36166612 shares traded in last market. With a market cap of 5.91B USD, the company’s current market price of $11.02 came rising about 1.19 while comparing to the previous closing price of $10.89. In past 52 weeks, the stock remained buoying in the range of price level as high as $11.77 and as low as $8.81. In the recent trading on the day, stock has struck highest price mark of $11.003 while lowest mark touched by it was $11.15.

Taking a look at 20-day trading activity of Sprott Physical Silver Trust (PSLV) gives us an average price of $11.03, while its current price level is -6.37% below from 52-week high level whereas it is 25.09% 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 $11.03 while that of 200 days or SMA-200 reads an average of $10.47. A closer look into the stock’s movement over the week reveals that its volatility is standing at 1.90% during that period while stretching the period over a month that increases to 2.01%. 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 51.78 which implies that the stock is in neutral territory.

Over the week, PSLV’s stock price is moving 6.17% up while it is -5.08% when we observe its performance for the past one month. Year-to-date it is 14.20% up and over the past year, the stock is showing an upside performance of 13.61%.

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

Stock’s beta reads 0.57.