Firsthand Technology Value Fund (NASDAQ:SVVC) Receives New Coverage from Analysts at StockNews.com

Stock analysts at StockNews.com assumed coverage on shares of Firsthand Technology Value Fund (NASDAQ:SVVC) in a research report issued 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 firm’s fifty day moving average price is $0.06 and its two-hundred day moving average price is $0.12. The stock has a market cap of $510,771.30, a PE ratio of -0.02 and a beta of 1.35. Firsthand Technology Value Fund has a fifty-two week low of $0.04 and a fifty-two week high of $0.40.

Firsthand Technology Value Fund (NASDAQ:SVVC) last issued its quarterly earnings data 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.

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.