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

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

Firsthand Technology Value Fund Price Performance

SVVC opened at $0.07 on Thursday. Firsthand Technology Value Fund has a twelve month low of $0.07 and a twelve month high of $0.79. The company has a 50-day simple moving average of $0.17 and a 200 day simple moving average of $0.23. The stock 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 (NASDAQ:SVVC) last posted its quarterly earnings data on Tuesday, May 14th. The investment management company reported $0.41 earnings per share for the quarter. The firm had revenue of $0.03 million for the quarter.

Firsthand Technology Value Fund Company Profile

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.