Sprott Physical Gold Trust [AMEX: PHYS] surged by $0.06 during the normal trading session on while it closed the day at $22.75.
Sprott Physical Gold Trust stock has also gained 1.34% of its value over the past 7 days. However, PHYS stock has inclined by 15.66% in the 3 months of the year. Over the past six months meanwhile, it has gained 17.03% and gained 12.96% year-on date.
The market cap for PHYS stock reached $9.60 billion, with 421.89 million shares outstanding and 421.41 million shares in the current float. Compared to the average trading volume of 2.78M shares, PHYS reached a trading volume of 4290471 in the most recent trading day, which is why market watchdogs consider the stock to be active.
PHYS stock trade performance evaluation
Sprott Physical Gold Trust [PHYS] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 1.34. With this latest performance, PHYS shares gained by 7.36% in over the last four-week period, additionally plugging by 17.03% over the last 6 months – not to mention a rise of 46.77% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for PHYS stock in for the last two-week period is set at 72.37, with the RSI for the last a single of trading hit 73.59, and the three-weeks RSI is set at 69.80 for Sprott Physical Gold Trust [PHYS]. The present Moving Average for the last 50 days of trading for this stock 21.09, while it was recorded at 22.61 for the last single week of trading, and 19.82 for the last 200 days.
Sprott Physical Gold Trust [PHYS]: Institutional Ownership
The top three institutional holders of PHYS stocks are: POLAR ASSET MANAGEMENT PARTNERS INC. with ownership of 6.92 million shares, which is approximately 1.7448%. MORGAN STANLEY, holding 6.93 million shares of the stock with an approximate value of $$125.16 million in PHYS stocks shares; and MORGAN STANLEY, currently with $$113.81 million in PHYS stock with ownership which is approximately 1.5897%.
