Firsthand Technology Value Fund (NASDAQ:SVVC) Earns Hold Rating from Analysts at StockNews.com

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

Firsthand Technology Value Fund Price Performance

SVVC stock opened at $0.14 on Friday. The stock has a market capitalization of $992,160.00, a PE ratio of -0.04 and a beta of 1.44. The company has a 50 day moving average price of $0.22 and a 200 day moving average price of $0.26. Firsthand Technology Value Fund has a fifty-two week low of $0.14 and a fifty-two week high of $0.92.

Firsthand Technology Value Fund (NASDAQ:SVVC) last posted its quarterly earnings results on Tuesday, May 14th. The investment management company reported $0.41 earnings per share for the quarter. The company 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.