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

StockNews.com initiated coverage on shares of Firsthand Technology Value Fund (NASDAQ:SVVC) in a research note released on Thursday. The brokerage issued a hold rating on the investment management company’s stock.

Firsthand Technology Value Fund Stock Performance

SVVC stock opened at $0.08 on Thursday. Firsthand Technology Value Fund has a 12-month low of $0.04 and a 12-month high of $0.40. The stock’s 50 day simple moving average is $0.07 and its 200 day simple moving average is $0.11. The stock has a market capitalization of $551,200.00, a PE ratio of -0.05 and a beta of 1.35.

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