Firsthand Technology Value Fund (NASDAQ:SVVC) Coverage Initiated by Analysts at StockNews.com

Analysts at StockNews.com started coverage on shares of Firsthand Technology Value Fund (NASDAQ:SVVC) in a note issued to investors on Friday. The brokerage set a “hold” rating on the investment management company’s stock.

Firsthand Technology Value Fund Price Performance

Firsthand Technology Value Fund stock opened at $0.07 on Friday. Firsthand Technology Value Fund has a 12-month low of $0.04 and a 12-month high of $0.35. The stock has a market capitalization of $451,491.50, a PE ratio of 0.55 and a beta of 1.49. The firm has a 50 day simple moving average of $0.07 and a 200-day simple moving average of $0.07.

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.