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

by · The Markets Daily

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

Firsthand Technology Value Fund Price Performance

Shares of SVVC opened at $0.07 on Friday. The company has a market capitalization of $461,279.56, a P/E ratio of -0.02 and a beta of 1.33. Firsthand Technology Value Fund has a one year low of $0.04 and a one year high of $0.47. The business’s 50 day simple moving average is $0.06 and its 200-day simple moving average is $0.14.

Firsthand Technology Value Fund (NASDAQ:SVVC – Get Free Report) last announced its earnings results on Wednesday, August 14th. The investment management company reported ($0.03) EPS for the quarter. The firm had revenue of $0.03 million during the quarter.

Firsthand Technology Value Fund Company Profile

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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.

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