Firsthand Technology Value Fund (NASDAQ:SVVC) Share Price Passes Above 200-Day Moving Average – Should You Sell?

Firsthand Technology Value Fund, Inc. (NASDAQ:SVVC)’s stock price crossed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred 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 traded.

Analyst Upgrades and Downgrades

Separately, StockNews.com began coverage on Firsthand Technology Value Fund in a research report on Wednesday. They issued a “hold” rating on the stock.

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 company has a market cap of $482,300.00, a PE ratio of 0.58 and a beta of 1.50.

Firsthand Technology Value Fund Company Profile

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.