The trading price of Sprott Physical Platinum and Palladium Trust (NYSE:SPPP) floating higher at last check on current market day and closing at $11.37, 0.67% higher than its previous close.
In examining the 52-week price action we see that the stock hit a 52-week high of $11.99 and a 52-week low of $8.69. Over the past month, the stock has gained 18.02% in value.
Investors’ optimism about the company’s current quarter earnings report is understandable.
On the technical side, indicators suggest SPPP has a 100% 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 100% Buy, while an average of long term indicators suggests that the stock is currently 100% Buy.
A quick review shows that SPPP’s price is currently 5.38% off the SMA20 and 13.78% off the SMA50. The RSI metric on the 14-day chart is currently showing 65.01, and weekly volatility stands at 3.24%. When measured over the past 30 days, the indicator reaches 2.04%. Sprott Physical Platinum and Palladium Trust (NYSE:SPPP)’s beta value is currently sitting at 0.36, while the Average True Range indicator is currently displaying 0.27.
To see how Sprott Physical Platinum and Palladium Trust stock has been performing today in comparison to its peers in the industry, here are the numbers: SPPP stock’s performance was 0.67% at last check in today’s session, and 21.82% in the past year.
An evaluation of the daily trading volume of Sprott Physical Platinum and Palladium Trust (NYSE:SPPP) indicates that the 3-month average is 556.61K.
However, since the stock’s price has seen 27.85% year-to-date, investors’ interest is likely to be reignited due to its potential to move even higher.
