Overall market sentiment has been high on Sprott Physical Gold Trust (PHYS) stock lately. PHYS receives a Bullish rating from InvestorsObserver Stock Sentiment Indicator.
Sprott Physical Gold Trust has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on PHYS!
When making investment decisions, sentiment gives a good overview of what stocks investors currently favor. Sentiment incorporates short-term technical analysis into its score and does not encompass any fundamental analysis such as profitability of the company. This means that earnings updates and other news can greatly impact overall sentiment.
Sentiment is how investors, or the market, feels about a stock. There are lots of ways to measure sentiment. At the core, sentiment is pretty easy to understand. If a stock is going up, investors must be bullish, while if it is going down, sentiment is bearish.
InvestorsObserver’s Sentiment Indicator looks at price trends over the past week and also considers changes in volume. Increasing volume can mean a trend is getting stronger, while decreasing volume can mean a trend is nearing a conclusion.
For stocks that have options, our system also considers the balance between calls, which are often bets that the price will go up, and puts, which are frequently bets that the price will fall.
What's Happening With PHYS Stock Today?
Sprott Physical Gold Trust (PHYS) stock has risen 0.06% while the S&P 500 is down -0.11% as of 11:51 AM on Friday, Mar 24. PHYS has gained $0.01 from the previous closing price of $15.60 on volume of 164,921 shares. Over the past year the S&P 500 is lower by -11.49% while PHYS has gained 1.69%. PHYS lost -$0.21 per share in the over the last 12 months.
To screen for more stocks like Sprott Physical Gold Trust click here.
More About Sprott Physical Gold Trust
Sprott Physical Gold Trust is a closed-end mutual fund trust. It provides a secure, convenient and exchange-traded investment alternative for investors interested in holding physical gold bullion without the inconvenience associated with direct investment in physical gold bullion. It invests mainly in long-term holdings of unencumbered, fully allocated, physical gold bullion and does not and will not speculate about short-term changes in gold prices.
Click Here to get the full Stock Report for Sprott Physical Gold Trust stock.
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