Firsthand Technology Value Fund (NASDAQ:SVVC) Coverage Initiated by Analysts at StockNews.com

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

Firsthand Technology Value Fund Price Performance

SVVC stock opened at $0.25 on Wednesday. The business has a 50 day simple moving average of $0.24 and a 200-day simple moving average of $0.26. The firm has a market capitalization of $1.69 million, a PE ratio of 1.53 and a beta of 1.43. Firsthand Technology Value Fund has a 1 year low of $0.17 and a 1 year high of $0.98.

Firsthand Technology Value Fund (NASDAQ:SVVC) last posted its quarterly earnings results on Thursday, March 28th. The investment management company reported ($0.04) earnings per share (EPS) for the quarter. The firm 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.