Sprott Physical Platinum and Palladium Trust [NYSE: SPPP] stock went on an upward path that rose over 6.95% on Wednesday, amounting to a one-week price increase of more than 11.20%.
Over the last 12 months, SPPP stock rose by 69.74%.
Compared to the average trading volume of 815.31K shares, SPPP stock reached a trading volume of 6141547 in the most recent trading day, which is why market watchdogs consider the stock to be active.
SPPP Stock Performance Analysis:
Sprott Physical Platinum and Palladium Trust [SPPP] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 11.20. With this latest performance, SPPP shares gained by 23.59% in over the last four-week period, additionally plugging by 66.37% over the last 6 months – not to mention a rise of 69.74% 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 SPPP stock in for the last two-week period is set at 82.75, with the RSI for the last a single of trading hit 0.41, and the three-weeks RSI is set at 0.33 for Sprott Physical Platinum and Palladium Trust [SPPP]. The present Moving Average for the last 50 days of trading for this stock 12.48, while it was recorded at 14.12 for the last single week of trading, and 10.75 for the last 200 days.
Sprott Physical Platinum and Palladium Trust (SPPP) Capital Structure & Debt Analysis
Sprott Physical Platinum and Palladium Trust (SPPP) Efficiency & Liquidity Metrics
Sprott Physical Platinum and Palladium Trust (SPPP) Efficiency & Liquidity Metrics
Sprott Physical Platinum and Palladium Trust [SPPP] Institutonal Ownership Details
The top three institutional holders of SPPP stocks are: FEDERATION DES CAISSES DESJARDINS DU QUEBEC with ownership of 0.57 million shares, which is approximately 4.4519%. POLAR ASSET MANAGEMENT PARTNERS INC., holding 0.21 million shares of the stock with an approximate value of $$2.01 million in SPPP stocks shares; and POLAR ASSET MANAGEMENT PARTNERS INC., currently with $$1.84 million in SPPP stock with ownership which is approximately 1.4732%.
