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

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

Firsthand Technology Value Fund Stock Performance

SVVC stock opened at $0.06 on Wednesday. Firsthand Technology Value Fund has a 12-month low of $0.04 and a 12-month high of $0.40. The business’s 50-day moving average is $0.06 and its 200 day moving average is $0.12. The stock has a market cap of $431,501.80, a price-to-earnings ratio of -0.02 and a beta of 1.35.

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