Sprott Physical Gold Trust (TSE:PHYS.U) Shares Pass Below 200 Day Moving Average – Here’s What Happened

Sprott Physical Gold Trust (TSE:PHYS.U – Get Free Report)’s share price crossed below its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of C$34.89 and traded as low as C$30.25. Sprott Physical Gold Trust shares last traded at C$30.75, with a volume of 2,235 shares changing hands.

Sprott Physical Gold Trust Stock Performance

The company has a 50 day moving average of C$31.66 and a 200 day moving average of C$34.87. The firm has a market cap of C$14.60 billion, a P/E ratio of 2.59 and a beta of 0.60.

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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