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. The brokerage issued a hold rating on the investment management company’s stock.

Firsthand Technology Value Fund Price Performance

Shares of NASDAQ:SVVC opened at $0.06 on Monday. Firsthand Technology Value Fund has a 12 month low of $0.04 and a 12 month high of $0.43. The firm has a market capitalization of $441,152.00, a price-to-earnings ratio of -0.02 and a beta of 1.34. The business’s 50 day simple moving average is $0.06 and its 200-day simple moving average is $0.13.

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