Sprott Physical Gold Trust (AMEX:PHYS) price on current trading day, fall -1.37% below its previous day’s close as a downside momentum from buyers pushed the stock’s value to $22.35.
A look at the stock’s price movement, the level at last check in today’s session was $22.66. Turning to its 52-week performance, $22.91 and $15.63 were the 52-week high and 52-week low respectively. Overall, PHYS moved 4.63% over the past month.
Sprott Physical Gold Trust’s market cap currently stands at around $9.50 billion, with investors looking forward to this quarter’s earnings report slated for in March.
Turning to the stock’s technical picture we see that short term indicators suggest on average that PHYS is a 75% Buy. On the other hand, the stock is on average a 100% Buy as suggested by medium term indicators while long term indicators are putting the stock in 100% Buy category.
PHYS’s current price about -0.04% and 4.96% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 56.22, while 7-day volatility ratio is 1.04% and 0.84% in the 30-day chart. Further, Sprott Physical Gold Trust (PHYS) has a beta value of 0.13, and an average true range (ATR) of 0.25.
If we refocus on Sprott Physical Gold Trust (AMEX:PHYS), historical trading data shows that trading volumes averaged 2.87 million over the past 3 months. The company’s latest data on shares outstanding shows there are 425.16 million shares.
Current price change has pushed the stock 10.97% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the PHYS stock continues to rise going into the next quarter.
