Firsthand Technology Value Fund (NASDAQ:SVVC) Earns Hold Rating from Analysts at StockNews.com

Stock analysts at StockNews.com assumed coverage on shares of Firsthand Technology Value Fund (NASDAQ:SVVC) in a report released on Monday. The brokerage set a “hold” rating on the investment management company’s stock.

Firsthand Technology Value Fund Price Performance

Shares of NASDAQ SVVC opened at $0.05 on Monday. Firsthand Technology Value Fund has a 1-year low of $0.04 and a 1-year high of $0.64. The company has a market capitalization of $358,280.00, a price-to-earnings ratio of -0.01 and a beta of 1.33. The business has a 50-day moving average of $0.10 and a 200-day moving average of $0.19.

Firsthand Technology Value Fund (NASDAQ:SVVC) last released its quarterly earnings results on Tuesday, May 14th. The investment management company reported $0.41 earnings per share for the quarter. The company 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.