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

Firsthand Technology Value Fund, Inc. (NASDAQ:SVVC – Get Free Report) passed above its 200-day moving average during trading on Friday. The stock has a 200-day moving average of $0.01 and traded as high as $0.0106. Firsthand Technology Value Fund shares last traded at $0.0106, with a volume of 495 shares trading hands.

Firsthand Technology Value Fund Price Performance

The stock has a market capitalization of $73,055.20, a price-to-earnings ratio of 0.09 and a beta of 0.72. The firm has a 50 day simple moving average of $0.01 and a 200-day simple moving average of $0.01.

Firsthand Technology Value Fund Company Profile

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Firsthand Technology Value Fund was a closed-end investment company focused on the technology sector. The fund invested in a combination of publicly traded and privately held technology businesses, seeking exposure to companies involved in areas such as software, communications, semiconductors, internet services and other technology-related industries.

The fund was managed by Firsthand Capital Management, an investment manager specializing in technology companies and venture-capital-style investments.

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