Firsthand Technology Value Fund (NASDAQ:SVVC) Research Coverage Started at StockNews.com

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

Firsthand Technology Value Fund Stock Down 12.0 %

NASDAQ:SVVC opened at $0.05 on Friday. Firsthand Technology Value Fund has a twelve month low of $0.04 and a twelve month high of $0.24. The firm has a market capitalization of $358,436.00, a price-to-earnings ratio of 0.43 and a beta of 1.45. The stock’s 50 day moving average price is $0.06 and its two-hundred day moving average price is $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.