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

StockNews.com started coverage on shares of Firsthand Technology Value Fund (NASDAQ:SVVC) in a report released on Tuesday. The firm issued a hold rating on the investment management company’s stock.

Firsthand Technology Value Fund Price Performance

Shares of SVVC stock opened at $0.07 on Tuesday. The company has a market capitalization of $451,295.00, a P/E ratio of -0.02 and a beta of 1.34. The company’s 50-day simple moving average is $0.06 and its two-hundred day simple moving average is $0.13. Firsthand Technology Value Fund has a one year low of $0.04 and a one year high of $0.42.

Firsthand Technology Value Fund (NASDAQ:SVVC) last announced its quarterly earnings data on Wednesday, August 14th. The investment management company reported ($0.03) earnings per share (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.