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

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

Firsthand Technology Value Fund Stock Up 17.6 %

SVVC stock opened at $0.06 on Friday. The company has a 50 day moving average of $0.07 and a two-hundred day moving average of $0.09. The company has a market cap of $413,400.00, a price-to-earnings ratio of -0.04 and a beta of 1.37. Firsthand Technology Value Fund has a 12-month low of $0.04 and a 12-month high of $0.40.

Firsthand Technology Value Fund (NASDAQ:SVVC) last announced its quarterly earnings data on Wednesday, August 14th. The investment management company reported ($0.03) earnings per share (EPS) for the quarter. The company 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.