Sprott Physical Silver Trust (PSLV) Is Now En Route to Higher Prices

Sprott Physical Silver Trust (AMEX: PSLV) is -0.12% lower on its value in year-to-date trading and has touched a low of $6.85 and a high of $8.99 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The PSLV stock was last observed hovering at around $8.21 in the last trading session, with the day’s gains setting it 0.02%.

Currently trading at $8.23, the stock is 0.31% and 3.17% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.81 million and changing 0.24% at the moment leaves the stock 2.11% off its SMA200. PSLV registered 1.86% gain for a year compared to 6-month gain of 4.97%. The firm has a 50-day simple moving average (SMA 50) of $1.84 and a 200-day simple moving average (SMA200) of -$7.68.

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The stock witnessed a -0.24% loss in the last 1 month and extending the period to 3 months gives it a 5.24%, and is 1.48% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.46% over the week and 1.68% over the month.

Distance from 52-week low is 20.15% and -8.45% from its 52-week high.

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Sprott Physical Silver Trust (PSLV) Top Institutional Holders

The shares outstanding are 487.60M, and Short Float at -.