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

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

Firsthand Technology Value Fund Trading Up 0.8 %

NASDAQ SVVC opened at $0.06 on Friday. Firsthand Technology Value Fund has a 12 month low of $0.04 and a 12 month high of $0.29. The stock has a market cap of $425,298.10, a P/E ratio of 0.51 and a beta of 1.53. The stock’s fifty day moving average price is $0.07 and its 200-day moving average price is $0.07.

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.