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

Firsthand Technology Value Fund, Inc. (NASDAQ:SVVC)’s stock price crossed above its 200-day moving average during trading on Monday . 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 $0.08, with a volume of 476 shares.

Analyst Upgrades and Downgrades

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

Firsthand Technology Value Fund Stock Up 30.3 %

The stock has a market cap of $551,200.00, a price-to-earnings ratio of 0.67 and a beta of 1.50. The business’s fifty day moving average is $0.07 and its two-hundred day moving average is $0.07.

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.