Sprott Physical Gold Trust (TSE:PHYS.U) Stock Price Crosses Below 50-Day Moving Average – Here’s Why

Sprott Physical Gold Trust (TSE:PHYS.UGet Free Report)’s share price crossed below its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of C$34.21 and traded as low as C$31.00. Sprott Physical Gold Trust shares last traded at C$31.00, with a volume of 1,781 shares.

Sprott Physical Gold Trust Stock Down 2.0%

The company has a fifty day moving average of C$34.21 and a two-hundred day moving average of C$35.36. The stock has a market capitalization of C$14.78 billion, a price-to-earnings ratio of 2.62 and a beta of 0.09.

About Sprott Physical Gold Trust

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Sprott Physical Gold Trust is a closedend mutual fund trust. The Trust provides a secure convenient and exchangetraded investment without the inconvenience associated with a direct investment in physical gold bullion.

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