StockNews.com Initiates Coverage on Firsthand Technology Value Fund (NASDAQ:SVVC)

Research analysts at StockNews.com began coverage on shares of Firsthand Technology Value Fund (NASDAQ:SVVCGet Free Report) in a research report issued to clients and investors on Wednesday. The firm set a “hold” rating on the investment management company’s stock.

Firsthand Technology Value Fund Price Performance

Shares of SVVC stock opened at $0.07 on Wednesday. The company’s fifty day moving average price is $0.07 and its two-hundred day moving average price is $0.07. The firm has a market capitalization of $498,836.00, a P/E ratio of 0.60 and a beta of 1.50. Firsthand Technology Value Fund has a 12 month low of $0.04 and a 12 month high of $0.31.

Firsthand Technology Value Fund Company Profile

(Get Free Report)

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.

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