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

Investment analysts at StockNews.com initiated coverage on shares of Firsthand Technology Value Fund (NASDAQ:SVVC) in a research note issued on Thursday. The firm set a “hold” rating on the investment management company’s stock.

Firsthand Technology Value Fund Price Performance

Firsthand Technology Value Fund stock opened at $0.07 on Thursday. Firsthand Technology Value Fund has a 1 year low of $0.07 and a 1 year high of $0.79. The firm’s 50 day moving average price is $0.16 and its 200-day moving average price is $0.23. The stock has a market cap of $489,190.00, a P/E ratio of -0.02 and a beta of 1.37.

Firsthand Technology Value Fund (NASDAQ:SVVC) last posted its 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 for the quarter.

Firsthand Technology Value Fund Company Profile

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.