Sprott Physical Gold and Silver Trust (NYSE:CEF) currently has a daily average trading volume of 479.15K but it saw 1156977 shares traded on Wednesday. With a market cap of 3.82B USD, stock’s current market price of $17.79 came rising about 1.02 while comparing to the previous closing price of $17.61. In past 52 weeks, the stock remained buoying in the range of price level as high as $20.14 and as low as $15.11.
Will You Miss Out On This Growth Stock Boom?
A new megatrend in the fintech market is well underway. Mobile payments are projected to boom into a massive $12 trillion market by 2028. According to Motley Fool this growth stock could "deliver huge returns." Not only in the immediate future but also over the next decade. Especially since the man behind this company is a serial entrepreneur who has been wildly successful over the years.
And this is just one of our 5 Best Growth Stocks To Own For 2023.
Taking a look at 20-day trading activity of Sprott Physical Gold and Silver Trust (CEF) gives us an average price of $17.15, while its current price level is -11.67% below from 52-week high level whereas it is 17.74% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $17.79 while that of 200 days or SMA-200 reads an average of $16.88. A closer look into the stock’s movement over the week reveals that its volatility is standing at 1.11% during that period while stretching the period over a month that decreases to 1.08%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 58.98 which implies that the stock is in neutral territory.
Over the week, CEF’s stock price is moving 7.17% up while it is 1.54% when we observe its performance for the past one month. Year-to-date it is -0.78% down and over the past year, the stock is showing a downside performance of -8.30%.
Currently, Sprott Physical Gold and Silver Trust’s total number of outstanding shares is 214.95M with 0.00% of that held by the insiders while 28.23% of its common stock has been owned by the institutions. Stock has a price to book (P/B) ratio of 1.10.
A filing at the U.S. Securities and Exchange Commission revealed that Jupiter Asset Mgmt Series Plc – came shrinking its share ownership by -17.12% in the Sprott Physical Gold and Silver Trust (CEF) decreasing its stake to 1.69% with control over -0.76 million shares in the company. As per SEC documents, Jupiter Asset Mgmt Series Plc – sought 3,661,305 of company’s common stock of worth $62.24 million as per recent closing price of the stock. Jupiter Asset Mgmt Series Plc – is not the only institutional holder which restructured its stake in Sprott Physical Gold and Silver Trust, as Cohen & Steers Closed End Opportu picked 362,868 shares of worth $6.17 million to bring its holdings to a total of 40183.0 shares.
Leave a Reply