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

StockNews.com started coverage on shares of Firsthand Technology Value Fund (NASDAQ:SVVC) in a research report report published on Thursday. The firm issued a hold rating on the investment management company’s stock.

Firsthand Technology Value Fund Price Performance

NASDAQ:SVVC opened at $0.08 on Thursday. Firsthand Technology Value Fund has a 1-year low of $0.04 and a 1-year high of $0.40. The company has a 50 day moving average price of $0.07 and a 200-day moving average price of $0.11. The firm has a market cap of $551,200.00, a price-to-earnings ratio of -0.05 and a beta of 1.35.

Firsthand Technology Value Fund (NASDAQ:SVVC) last announced its 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 during 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.