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

StockNews.com began coverage on shares of Firsthand Technology Value Fund (NASDAQ:SVVC) in a research note issued to investors on Saturday morning. The firm issued a hold rating on the investment management company’s stock.

Firsthand Technology Value Fund Stock Performance

Shares of NASDAQ SVVC opened at $0.07 on Friday. Firsthand Technology Value Fund has a fifty-two week low of $0.04 and a fifty-two week high of $0.40. The company has a market cap of $482,300.00, a price-to-earnings ratio of -0.05 and a beta of 1.37. The business’s 50 day moving average price is $0.07 and its 200-day moving average price is $0.10.

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

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.