Firsthand Technology Value Fund (NASDAQ:SVVC) Research Coverage Started at StockNews.com

Equities researchers at StockNews.com began coverage on shares of Firsthand Technology Value Fund (NASDAQ:SVVC) in a report issued on Sunday. The brokerage set a “hold” rating on the investment management company’s stock.

Firsthand Technology Value Fund Stock Performance

Firsthand Technology Value Fund stock opened at $0.06 on Friday. The company has a market capitalization of $440,271.00, a P/E ratio of -0.02 and a beta of 1.34. Firsthand Technology Value Fund has a fifty-two week low of $0.04 and a fifty-two week high of $0.49. The stock has a 50-day simple moving average of $0.06 and a 200-day simple moving average of $0.15.

Firsthand Technology Value Fund (NASDAQ:SVVC) last released its quarterly 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 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.