Sprott Physical Silver Trust (PSLV) Stock: A Closer Look at the Market Potential

Company’s 36-month beta value is 0.68.

The average trading volume of PSLV on June 17, 2024 was 4.58M shares.

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PSLV) stock’s latest price update

Sprott Physical Silver Trust (NYSE: PSLV)’s stock price has plunge by 2.47relation to previous closing price of 9.72. Nevertheless, the company has seen a 1.32% surge in its stock price over the last five trading sessions. etftrends.com reported 2024-06-06 that It’s easy to forget silver is more than a precious metal. It offers the dual purpose of an industrial metal that’s also critical to the ongoing global energy transition.

PSLV’s Market Performance

Sprott Physical Silver Trust (PSLV) has experienced a 1.32% rise in stock performance for the past week, with a -0.50% drop in the past month, and a 18.15% rise in the past quarter. The volatility ratio for the week is 2.00%, and the volatility levels for the past 30 days are at 2.62% for PSLV. The simple moving average for the past 20 days is -2.78% for PSLV’s stock, with a 19.32% simple moving average for the past 200 days.

PSLV Trading at 2.59% from the 50-Day Moving Average

After a stumble in the market that brought PSLV to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -8.46% of loss for the given period.

Volatility was left at 2.62%, however, over the last 30 days, the volatility rate increased by 2.00%, as shares sank -0.10% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +10.42% upper at present.

During the last 5 trading sessions, PSLV rose by +1.32%, which changed the moving average for the period of 200-days by +17.31% in comparison to the 20-day moving average, which settled at $10.24. In addition, Sprott Physical Silver Trust saw 23.27% in overturn over a single year, with a tendency to cut further gains.

Stock Fundamentals for PSLV

Current profitability levels for the company are sitting at:

  • -1.57 for the present operating margin
  • 1.3 for the gross margin

The net margin for Sprott Physical Silver Trust stands at -1.57. The total capital return value is set at 0.03.

Currently, EBITDA for the company is -53.53 million with net debt to EBITDA at -0.03. When we switch over and look at the enterprise to sales, we see a ratio of -66.34.

Conclusion

In a nutshell, Sprott Physical Silver Trust (PSLV) has experienced a better performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.

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