The trading price of Sprott Physical Gold Trust (NYSE:PHYS) floating lower at last check on current market day and closing at $25.26, -1.17% lower than its previous close.
Traders who pay close attention to intraday price movement should know that it has been fluctuating between $25.21 and $25.4901. In examining the 52-week price action we see that the stock hit a 52-week high of $26.42 and a 52-week low of $18.23. Over the past month, the stock has lost -1.41% in value.
Sprott Physical Gold Trust, whose market valuation is $11.72 billion at the time of this writing, is expected to release its quarterly earnings report in August. Investors’ optimism about the company’s current quarter earnings report is understandable. Analysts have predicted the quarterly earnings per share to grow by 0 per share this quarter, however they have predicted annual earnings per share of 0 for current year and 0 for next year.
On the technical side, indicators suggest PHYS 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 PHYS’s price is currently -1.40% off the SMA20 and -0.39% off the SMA50. The RSI metric on the 14-day chart is currently showing 46.13, and weekly volatility stands at 0.87%. When measured over the past 30 days, the indicator reaches 0.89%. Sprott Physical Gold Trust (NYSE:PHYS)’s beta value is currently sitting at 0.09.
To see how Sprott Physical Gold Trust stock has been performing today in comparison to its peers in the industry, here are the numbers: PHYS stock’s performance was -1.17% at last check in today’s session, and 25.42% in the past year.
An evaluation of the daily trading volume of Sprott Physical Gold Trust (NYSE:PHYS) indicates that the 3-month average is 4.63 million. However, this figure has increased over the past 10 days to an average of 2.28.
Currently, records show that 464.07 million of the company’s shares remain outstanding. However, since the stock’s price has seen 38.03% year-to-date, investors’ interest is likely to be reignited due to its potential to move even higher.
