Investigating a stock’s 52-week price history, covering the range of low and high prices, can provide significant information about its present state and future potential. Sprott Physical Silver Trust’s current trading price is -7.56% away from its 52-week high, while its distance from the 52-week low is 23.50%. The stock’s price range during this period has varied between $8.81 and $11.77. The company, active in the Financial sector, saw a trading volume of around 40.52 million for the day, considerably lower average daily volume of 43.01 million observed over the last three months.
Sprott Physical Silver Trust’s stock has had a calm market performance. The 1-year high for the company’s stock was $11.77 on 10/22/24, and the lowest price during the same period was recorded at $8.81 on 08/07/24.
How Financial Performance Impacts Market Capitalization
Sprott Physical Silver Trust (PSLV) has experienced a quarterly rise of 3.03% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 5.87B.
The Role of Moving Averages and Trading Volume in Technical Analysis
Based on Barchart.com data, the company’s moving average over the 100-day period was 10.70, with a change in price of +0.47. Similarly, Sprott Physical Silver Trust recorded 33,594,953 in trading volume during the last 100 days, posting a change of +4.51%.
PSLV Stock Stochastic Average
As of today, the raw stochastic average of Sprott Physical Silver Trust over the past 50 days is 51.12%. This is a decrease compared to the raw stochastic average of the last 20 days, which was recorded at 67.91%. Additionally, the Stochastic %K and %D values for the company were 63.93% and 62.14%, respectively, over the past 20 days.
PSLV Stock Price Performance Analysis
The stock price’s performance over the year has been unpredictable, resulting in a mix of pessimistic and optimistic outlooks among investors. Year to date metric has recorded a gain of 12.75%.However, over the last six months, we can see a stronger performance of -4.90%. Over the last 30 days, the price of PSLV has leaped by -0.09%. And in the last five days, it has fallen by -2.33%.