Firsthand Technology Value Fund (NASDAQ:SVVC) Receives New Coverage from Analysts at StockNews.com

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

Firsthand Technology Value Fund Stock Performance

SVVC stock traded up $0.01 on Wednesday, hitting $0.05. 9,112 shares of the company’s stock were exchanged, compared to its average volume of 5,573. The firm has a 50 day moving average price of $0.08 and a two-hundred day moving average price of $0.18. Firsthand Technology Value Fund has a 12-month low of $0.04 and a 12-month high of $0.58. The stock has a market cap of $358,280.00, a P/E ratio of -0.01 and a beta of 1.33.

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