Sprott Physical Silver Trust (PSLV) saw downtrend of -0.57% in the recent trading with $10.51 being its most recent. The current price level -10.71% lower than the highest price of $11.77 marked by the stock while trading over the past 52-weeks, whereas it is 41.07% higher than the lowest price of $7.45 the company dropped to over past 52-weeks. The latest news story on PSLV appeared in (Insider Monkey) under the title “Top Contributor of Palm Valley Capital Fund in 2024: Sprott Physical Silver Trust (PSLV)”.
Squeezing the time span to 30 day period shows us the stock is currently trading -6.74% below one month high and is +2.50% above of the lowest during that time. Looking into the simple moving average, Sprott Physical Silver Trust (PSLV)’s stock stands at a SMA-50 of $10.38 while that of 5-day is reading $10.71.
Daily rise and fall of price influence many of the traders, and in order to overcome the fluctuating effect of that and to watch the stock closely, traders focus more on stock’s 200-day moving average. At various points in trading activity, investors are more likely to be making use of that measure as a strong indicator in figuring out their support and resistance levels, and PSLV’s SMA-200 as of now is $10.30.
Sprott Physical Silver Trust Earnings – What Happened With PSLV
Coming around sales and income figures on PSLV Stock Income Statement, public trading companies under normal circumstances post earnings and revenues near to average estimates by the Wall Street analysts, but those could came either above or below estimates and known as surprise factor.
PSLV – Sprott Physical Silver Trust Stock Earnings Estimates
Investors get the exact data about the key information of institutional ownership in a listed company through its 13F filings at the Stock Exchange Commission (SEC). The total number of common shares currently owned by the public is 520.39 million.
Sprott Physical Silver Trust – Insider Activity and Holdings
As on 2024-06-30, BLACKROCK INC. was the top most holder in Sprott Physical Silver Trust (NYSE:PSLV) with an ownership of 22.87 million shares of the company or 4.7027 of the stake worth $227.13 million. The filing also reveals FEDERATION DES CAISSES DESJARDINS DU QUEBEC as the second largest holder in the company with a control over 2.7245 of the outstanding shares. Its stake is worth $131.47 million for having 13.28 million shares in hand.
Technical Analysis of Sprott Physical Silver Trust (NYSE:PSLV) stock
To comprehend better with the trade moves and investors’ behavior, exploring the short, medium and long term technical indicators along with average volume of a stock is an effective way to make use of. When looking into those indicators for Sprott Physical Silver Trust (PSLV), we notice that the stock’s 20-day average volume is at 33,573,992 shares and 50% of short term indicators are suggesting the stock as Buy. Medium term indicators at an average of 50% are spotting the stock at Buy with its 50-day average volume of 23,824,525 shares. And to end, PSLV’s 100-day average volume is 16,223,046 shares with 50% of the long-term indicators pointing towards Buy for the stock.
