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 report published on Saturday. 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 $0.06 on Friday. Firsthand Technology Value Fund has a 52 week low of $0.04 and a 52 week high of $0.49. The company’s 50 day moving average price is $0.06 and its two-hundred day moving average price is $0.15. The stock has a market cap of $429,247.00, a P/E ratio of -0.02 and a beta of 1.33.

Firsthand Technology Value Fund (NASDAQ:SVVC) last posted its quarterly earnings data on Wednesday, August 14th. The investment management company reported ($0.03) earnings per share 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.