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

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

Firsthand Technology Value Fund Price Performance

Firsthand Technology Value Fund stock opened at $0.23 on Wednesday. The company has a market cap of $1.60 million, a PE ratio of -0.05 and a beta of 1.43. Firsthand Technology Value Fund has a twelve month low of $0.17 and a twelve month high of $0.98. The company’s 50-day moving average price is $0.24 and its 200-day moving average price is $0.26.

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