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

Research analysts at StockNews.com started coverage on shares of Firsthand Technology Value Fund (NASDAQ:SVVC) in a note issued to investors on Thursday. The brokerage set a “hold” rating on the investment management company’s stock.

Firsthand Technology Value Fund Stock Performance

NASDAQ:SVVC opened at $0.07 on Thursday. The company has a 50-day moving average of $0.17 and a 200-day moving average of $0.23. The company has a market capitalization of $489,403.00, a price-to-earnings ratio of -0.02 and a beta of 1.37. Firsthand Technology Value Fund has a 52 week low of $0.07 and a 52 week high of $0.79.

Firsthand Technology Value Fund (NASDAQ:SVVC) last released its quarterly earnings data on Tuesday, May 14th. The investment management company reported $0.41 EPS for the quarter. The business had revenue of $0.03 million for 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.