Firsthand Technology Value Fund (NASDAQ:SVVC) Now Covered by StockNews.com

Equities researchers at StockNews.com began coverage on shares of Firsthand Technology Value Fund (NASDAQ:SVVC) in a research report issued to clients and investors on Wednesday. The firm set a “hold” rating on the investment management company’s stock.

Firsthand Technology Value Fund Stock Performance

Shares of Firsthand Technology Value Fund stock opened at $0.09 on Wednesday. The business’s fifty day moving average price is $0.06 and its 200 day moving average price is $0.12. Firsthand Technology Value Fund has a twelve month low of $0.04 and a twelve month high of $0.40. The stock has a market capitalization of $613,554.50, a P/E ratio of -0.02 and a beta of 1.35.

Firsthand Technology Value Fund (NASDAQ:SVVC) last released its quarterly earnings data on Wednesday, August 14th. The investment management company reported ($0.03) earnings per share for the quarter. The firm had revenue of $0.03 million during the quarter.

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.