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

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

Firsthand Technology Value Fund Trading Up 16.8 %

NASDAQ SVVC opened at $0.07 on Friday. The stock has a market cap of $482,989.00, a PE ratio of -0.05 and a beta of 1.37. The stock’s 50 day moving average is $0.07 and its 200 day moving average is $0.09. Firsthand Technology Value Fund has a 12 month low of $0.04 and a 12 month high of $0.40.

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