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

Firsthand Technology Value Fund, Inc. (NASDAQ:SVVCGet Free Report) shares passed above its 200-day moving average during trading on Thursday . The stock has a 200-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 changing hands.

Analysts Set New Price Targets

Separately, StockNews.com started coverage on 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 business has a fifty day simple moving average of $0.07 and a 200 day simple moving average of $0.07. The firm has a market cap of $498,363.90, a price-to-earnings ratio of 0.60 and a beta of 1.49.

Firsthand Technology Value Fund Company Profile

(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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