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Is Sprott Physical Silver Trust (PSLV) a good stock to buy now?

Sprott Physical Silver Trust (NYSE: PSLV) is 3.34% higher on its value in year-to-date trading and has touched a low of $7.08 and a high of $8.99 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The PSLV stock was last observed hovering at around $8.29 in the last trading session, with the day’s gains setting it 0.06%.

Currently trading at $8.35, the stock is 2.15% and 6.52% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.23 million and changing 0.72% at the moment leaves the stock 5.35% off its SMA200. PSLV registered 2.71% gain for a year compared to 6-month loss of 8.16%. The firm has a 50-day simple moving average (SMA 50) of -$19.62 and a 200-day simple moving average (SMA200) of -$7.68.

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The stock witnessed a 10.45% gain in the last 1 month and extending the period to 3 months gives it a 2.58%, and is 1.83% 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 1.70% over the week and 1.92% over the month.

Distance from 52-week low is 17.88% and -7.12% from its 52-week high.

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Sprott Physical Silver Trust (PSLV) Top Institutional Holders

The shares outstanding are 485.15M, and float is at 485.15M.

The top institutional shareholder in the company is Series Portfolios Tr-Palm Valley Capital Fd with over 0.82 million shares valued at $6.74 million. The investor’s holdings represent 0.17% of the PSLV Shares outstanding. As of Dec 30, 2022, the second largest holder is Timothy Plan-Defensive Strategies Fund with 0.58 million shares valued at $4.77 million to account for 0.12% of the shares outstanding.

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