Sprott Physical Silver Trust (NYSE:PSLV) price is hovering higher on Monday, March 25, jumping 0.49% above its previous close.
A look at today’s price movement shows that the recent level at last check reads $8.20. Taking into account the 52-week price action we note that the stock hit a 52-week high of $8.99 and 52-week low of $7.08. The stock added 7.71% on its value in the past month.
Sprott Physical Silver Trust, which has a market valuation of $4.00 billion, is expected to release its quarterly earnings report Mar 25, 2024 – Apr 02, 2024.
Revisions to the company’s EPS highlights a short term direction of a stock’s price movement, which in the last 7 days came up with no upward and no downward reviews. On the technical perspective front, indicators give PSLV a short term outlook of 100% Buy on average. Looking at the stock’s medium term indicators we note that it is averaging as a 50% Sell, while an average of long term indicators are currently assigning the stock as 50% Buy.
The overview shows that PSLV’s price is at present 2.54% off the SMA20 and 5.64% from the SMA50. The Relative Strength Index (RSI) metric on the 14-day timeframe is pointing at 56.86, with weekly volatility standing at 2.18%. The indicator jumps to 1.77% when calculated based on the past 30 days. Sprott Physical Silver Trust (NYSE:PSLV)’s beta value is holding at 0.69, while the average true range (ATR) indicator is currently reading 0.17.
An analysis of the Sprott Physical Silver Trust (NYSE:PSLV) stock in terms of its daily trading volume indicates that the 3-month average is 2.56 million. However, this figure increases on the past 10-day timeline to an average of 3.15 million.
Current records show that the company has 485.15M in outstanding shares. But the 1.98% upside, the stock’s price has registered year-to-date as of today’s value, will likely reignite investor interest given the prospect of it rallying even higher.
