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

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

Firsthand Technology Value Fund Trading Up 10.1 %

Shares of SVVC opened at $0.06 on Friday. The firm has a 50-day moving average price of $0.07 and a 200 day moving average price of $0.11. Firsthand Technology Value Fund has a 12-month low of $0.04 and a 12-month high of $0.40. The firm has a market capitalization of $413,580.00, a P/E ratio of -0.02 and a beta of 1.35.

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

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.