Firsthand Technology Value Fund (NASDAQ:SVVC) Receives New Coverage from Analysts at StockNews.com

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

Firsthand Technology Value Fund Price Performance

NASDAQ SVVC opened at $0.06 on Friday. Firsthand Technology Value Fund has a 12-month low of $0.04 and a 12-month high of $0.51. The company has a market capitalization of $413,400.00, a PE ratio of -0.02 and a beta of 1.33. The firm’s 50 day moving average is $0.07 and its 200-day moving average is $0.16.

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.