StockNews.com Begins Coverage on Firsthand Technology Value Fund (NASDAQ:SVVC)

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

Firsthand Technology Value Fund Price Performance

Shares of Firsthand Technology Value Fund stock opened at $0.07 on Thursday. The stock has a market capitalization of $489,190.00, a price-to-earnings ratio of -0.02 and a beta of 1.37. The business has a 50-day moving average of $0.16 and a 200 day moving average of $0.23. Firsthand Technology Value Fund has a 12 month low of $0.07 and a 12 month high of $0.79.

Firsthand Technology Value Fund (NASDAQ:SVVC) last posted its quarterly earnings data on Tuesday, May 14th. The investment management company reported $0.41 EPS for the quarter. The business had revenue of $0.03 million during 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.