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

Research analysts at StockNews.com started coverage on shares of Firsthand Technology Value Fund (NASDAQ:SVVC) in a research report issued on Saturday. The firm set a “hold” rating on the investment management company’s stock.

Firsthand Technology Value Fund Stock Up 27.0 %

Firsthand Technology Value Fund stock opened at $0.07 on Friday. The firm has a 50-day moving average price of $0.07 and a two-hundred day moving average price of $0.10. The firm has a market capitalization of $482,300.00, a price-to-earnings ratio of -0.05 and a beta of 1.37. Firsthand Technology Value Fund has a 52-week low of $0.04 and a 52-week high of $0.40.

Firsthand Technology Value Fund (NASDAQ:SVVC) last posted its earnings results on Wednesday, August 14th. The investment management company reported ($0.03) earnings per share (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.