StockNews.com Begins Coverage on Firsthand Technology Value Fund (NASDAQ:SVVC)

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

Firsthand Technology Value Fund Stock Performance

Shares of SVVC opened at $0.06 on Friday. The firm has a market cap of $420,473.00, a PE ratio of 0.51 and a beta of 1.49. Firsthand Technology Value Fund has a 52-week low of $0.04 and a 52-week high of $0.35. The business’s 50 day moving average price is $0.07 and its two-hundred day moving average price is $0.07.

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.