Firsthand Technology Value Fund (NASDAQ:SVVC) Stock Price Crosses Above 200 Day Moving Average – Here’s What Happened

Firsthand Technology Value Fund, Inc. (NASDAQ:SVVC) shares passed above its two hundred day moving average during trading on Friday . 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 $0.08, with a volume of 31,697 shares changing hands.

Analyst Ratings Changes

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

Firsthand Technology Value Fund Stock Performance

The company has a fifty day moving average of $0.07 and a two-hundred day moving average of $0.07. The firm has a market capitalization of $544,547.00, a price-to-earnings ratio of 0.66 and a beta of 1.49.

About Firsthand Technology Value Fund

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.