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

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

Firsthand Technology Value Fund Trading Down 5.3 %

NASDAQ:SVVC opened at $0.08 on Thursday. The company’s 50-day moving average price is $0.07 and its 200-day moving average price is $0.11. The company has a market cap of $551,440.00, a P/E ratio of -0.02 and a beta of 1.35. Firsthand Technology Value Fund has a twelve month low of $0.04 and a twelve month high of $0.40.

Firsthand Technology Value Fund (NASDAQ:SVVC) last posted its quarterly earnings results on Wednesday, August 14th. The investment management company reported ($0.03) earnings per share for the quarter. The firm had revenue of $0.03 million for 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.