Do Investors Have Much Faith In Sprott Physical Gold Trust (AMEX: PHYS)

Sprott Physical Gold Trust (AMEX:PHYS) does about 5.91M shares in volume on a normal day but saw 4829279 shares change hands in the recent trading day. The company now has a market cap of 11.51B USD. Its current market price is $24.71, marking a decrease of -2.75% compared to the previous close of $25.41. The 52 week high reached by this stock is $26.36 whilst the lowest price level in 52 weeks is $17.80.

Sprott Physical Gold Trust (PHYS) has a 20-day trading average at $25.30 and the current price is -6.26% off the 52-week high compared with 38.82% distance from its 52-week low. The 50-day simple moving average of the closing price is $24.13 and its 200-day simple moving average is $21.41. If we look at the stock’s price movements over the week, volatility stands at 1.33%, which decreases to 1.26% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 48.48 to suggest the stock is neutral.

The current price level is -2.35%, 2.42%, and 15.42% away from its SMA20, SMA50, and SMA200 respectively, with the PHYS price moving above the 50-day SMA on current market day. Sprott Physical Gold Trust (PHYS) stock is down -2.68% over the week and 1.60% over the past month. Its price is 22.69% year-to-date and 38.43% over the past year.

Outstanding shares total 465.71M with insiders holding 0.00% of the shares and institutional holders owning 27.34% of the company’s common stock. The beta has a value of 0.12.