Sprott Physical Gold Trust (TSE:PHYS.U) Share Price Crosses Below Fifty Day Moving Average – Time to Sell?

Shares of Sprott Physical Gold Trust (TSE:PHYS.UGet Free Report) 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 changing hands.

Sprott Physical Gold Trust Trading Down 2.0%

The stock has a market cap of C$14.78 billion, a price-to-earnings ratio of 2.62 and a beta of 0.09. The stock’s 50 day moving average is C$34.21 and its two-hundred day moving average is C$35.36.

About Sprott Physical Gold Trust

(Get Free Report)

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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