Stock analysts at StockNews.com initiated coverage on shares of Firsthand Technology Value Fund (NASDAQ:SVVC – Get Free Report) in a research note issued on Sunday. The firm set a “hold” rating on the investment management company’s stock.
Firsthand Technology Value Fund Price Performance
SVVC opened at $0.06 on Friday. The firm has a 50 day moving average price of $0.06 and a 200-day moving average price of $0.14. Firsthand Technology Value Fund has a twelve month low of $0.04 and a twelve month high of $0.47. The stock has a market capitalization of $438,204.00, a price-to-earnings ratio of -0.02 and a beta of 1.34.
Firsthand Technology Value Fund (NASDAQ:SVVC – Get Free Report) last announced its earnings results on Wednesday, August 14th. The investment management company reported ($0.03) EPS for the quarter. The business 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.
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