Sprott Physical Silver Trust (PSLV) Shares Down Despite Recent Market Volatility

Sprott Physical Silver Trust (NYSE: PSLV)’s stock price has decreased by -1.21 compared to its previous closing price of 9.93. However, the company has seen a 0.82% increase in its stock price over the last five trading sessions. etftrends.com reported 2024-12-26 that Though a stronger dollar caused silver to retreat in the past month, retail investors are still expecting the precious metal to rise above $40 in the new year according to a survey by Kitco News.

Is It Worth Investing in Sprott Physical Silver Trust (NYSE: PSLV) Right Now?

PSLV has 36-month beta value of 0.67.

PSLV currently public float of 519.98M.The average trading volume of PSLV on December 30, 2024 was 8.93M shares.

PSLV’s Market Performance

PSLV stock saw a decrease of 0.82% in the past week, with a monthly decline of -4.39% and a quarterly a decrease of -7.63%. The volatility ratio for the week is 1.14%, and the volatility levels for the last 30 days are 1.38% for Sprott Physical Silver Trust (PSLV). The simple moving average for the last 20 days is -4.06% for PSLV stock, with a simple moving average of -1.88% for the last 200 days.

PSLV Trading at -7.19% 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 -16.65% of loss for the given period.

Volatility was left at 1.38%, however, over the last 30 days, the volatility rate increased by 1.14%, as shares sank -3.06% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -8.32% lower at present.

During the last 5 trading sessions, PSLV rose by +0.82%, which changed the moving average for the period of 200-days by +17.63% in comparison to the 20-day moving average, which settled at $10.23. In addition, Sprott Physical Silver Trust saw 21.41% 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:

  • 0.73 for the present operating margin
  • 0.97 for the gross margin

The net margin for Sprott Physical Silver Trust stands at 2.43. The total capital return value is set at 0.08.

Currently, EBITDA for the company is -9.86 million with net debt to EBITDA at -0.02. When we switch over and look at the enterprise to sales, we see a ratio of 8.16.

Conclusion

To put it simply, Sprott Physical Silver Trust (PSLV) has had a mixed performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.

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