Sprott Physical Gold Trust (TSE:PHYS.U) Stock Passes Below 200-Day Moving Average – Here’s Why

Sprott Physical Gold Trust (TSE:PHYS.UGet Free Report)’s share price crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$35.01 and traded as low as C$30.60. Sprott Physical Gold Trust shares last traded at C$30.76, with a volume of 200 shares changing hands.

Sprott Physical Gold Trust Stock Performance

The firm’s fifty day moving average price is C$32.09 and its 200-day moving average price is C$35.00. The company has a market cap of C$14.91 billion, a P/E ratio of 2.64 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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