The trading price of Sprott Physical Silver Trust (AMEX:PSLV) floating higher at last check on current market day and closing at $10.82, 0.53% higher than its previous close.
Traders who pay close attention to intraday price movement should know that it has been fluctuating between $10.65 and $10.83. In examining the 52-week price action we see that the stock hit a 52-week high of $11.77 and a 52-week low of $8.81. Over the past month, the stock has lost -6.18% in value.
Sprott Physical Silver Trust, whose market valuation is $5.80 billion at the time of this writing, is expected to release its quarterly earnings report in May. Investors’ optimism about the company’s current quarter earnings report is understandable.
On the technical side, indicators suggest PSLV has a 50% Buy on average for the short term. According to the data of the stock’s medium term indicators, the stock is currently averaging as a 50% Buy, while an average of long term indicators suggests that the stock is currently 100% Buy.
A quick review shows that PSLV’s price is currently -2.44% off the SMA20 and -1.84% off the SMA50. The RSI metric on the 14-day chart is currently showing 47.58, and weekly volatility stands at 2.66%. When measured over the past 30 days, the indicator reaches 2.00%. Sprott Physical Silver Trust (AMEX:PSLV)’s beta value is currently sitting at 0.58, while the Average True Range indicator is currently displaying 0.29.
To see how Sprott Physical Silver Trust stock has been performing today in comparison to its peers in the industry, here are the numbers: PSLV stock’s performance was 0.53% at last check in today’s session, and 13.51% in the past year.
An evaluation of the daily trading volume of Sprott Physical Silver Trust (AMEX:PSLV) indicates that the 3-month average is 39.24 million. However, this figure has increased over the past 10 days to an average of 65.92.
Currently, records show that 535.91 million of the company’s shares remain outstanding. However, since the stock’s price has seen 12.10% year-to-date, investors’ interest is likely to be reignited due to its potential to move even higher.
