Firsthand Technology Value Fund (NASDAQ:SVVC) Stock Crosses Above 200 Day Moving Average – Should You Sell?

by · The Markets Daily

Firsthand Technology Value Fund, Inc. (NASDAQ:SVVC – Get Free Report) shares passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $0.07 and traded as high as $0.08. Firsthand Technology Value Fund shares last traded at $0.07, with a volume of 1,111 shares.

Analyst Upgrades and Downgrades

Separately, StockNews.com assumed coverage on shares of Firsthand Technology Value Fund in a research note on Friday. They issued a “hold” rating for the company.

Check Out Our Latest Stock Analysis on SVVC

Firsthand Technology Value Fund Price Performance

The stock has a market capitalization of $451,491.50, a PE ratio of 0.55 and a beta of 1.49. The company has a 50 day moving average price of $0.07 and a 200-day moving average price of $0.07.

About Firsthand Technology Value Fund

(Get Free Report)

Firsthand Technology Value Fund, Inc is a business development company specializes in venture capital investments in start-up, early stage, middle stage, late stage, early development stage, and PIPEs. It seeks to invest in pre-IPO companies. The fund also seeks to make investments in companies with operating histories that are unprofitable or marginally profitable, that have negative net worth, or that are involved in bankruptcy or reorganization proceedings.

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