Firsthand Technology Value Fund (NASDAQ:SVVC) Shares Pass Above 200-Day Moving Average – Time to Sell?

Firsthand Technology Value Fund, Inc. (NASDAQ:SVVCGet Free Report)’s share price crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $0.07 and traded as high as $0.07. Firsthand Technology Value Fund shares last traded at $0.07, with a volume of 102 shares trading hands.

Analysts Set New Price Targets

Separately, StockNews.com started coverage on shares of Firsthand Technology Value Fund in a research report on Wednesday. They set a “hold” rating for the company.

View Our Latest Research Report on SVVC

Firsthand Technology Value Fund Trading Down 6.7 %

The stock has a market capitalization of $482,300.00, a PE ratio of 0.58 and a beta of 1.50. The firm 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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