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

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

Firsthand Technology Value Fund Stock Down 1.4 %

Shares of NASDAQ:SVVC opened at $0.06 on Friday. The company has a market cap of $427,869.00, a P/E ratio of 0.21 and a beta of 1.53. Firsthand Technology Value Fund has a 52 week low of $0.04 and a 52 week high of $0.30. The business has a fifty day simple moving average of $0.07 and a 200-day simple moving average of $0.06.

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.