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

StockNews.com started coverage on shares of Firsthand Technology Value Fund (NASDAQ:SVVC) in a research report sent to investors on Monday morning. The brokerage issued a hold rating on the investment management company’s stock.

Firsthand Technology Value Fund Price Performance

Shares of Firsthand Technology Value Fund stock opened at $0.07 on Monday. The firm has a 50 day simple moving average of $0.06 and a 200 day simple moving average of $0.14. Firsthand Technology Value Fund has a fifty-two week low of $0.04 and a fifty-two week high of $0.44. The firm has a market cap of $516,561.42, a P/E ratio of -0.02 and a beta of 1.34.

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