Equity Research firms currently have a positive stance on shares of Firsthand Technology Value Fund, Inc. (NASDAQ:SVVC). The majority of analysts covering the equity have a consensus Strong Buy recommendation on the stock, yielding a score of 1.00. This is based on the research brokerage reports taken into consideration by Thomson Reuters. Those same analysts are projecting that the stock will reach $24.50 on a short term basis.
At the time of writing, the stock was trading at $8.25. This represents a change from the opening price of -1.67%. In terms of performance, year to date, the stock is 1.84%. The monthly stock performance comes in at 19.71%. For the quarter, shares are performing at 12.13%. Weekly performance analysis shows the equity at 15.08%.
In taking a look at technical levels, shares are trading 13.67% away from the 50 day simple moving average and 12.53% away from the 200 day simple moving average. Based on a recent bid, the stock is trading -5.39% away from it’s 52- week high and 28.71% away from its 52 week low. After the recent moves, investors may also look to see if the stock has entered oversold or overbought territory and could be ripe for a bounce. As of writing, Firsthand Technology Value Fund, Inc.’s RSI stands at 74.56. In looking at volatility levels, the shares saw weekly volatility of 6.45% and 3.40% over the past month.