StockNews.com Begins Coverage on Firsthand Technology Value Fund (NASDAQ:SVVC)

Equities researchers at StockNews.com assumed coverage on shares of Firsthand Technology Value Fund (NASDAQ:SVVC) in a research report issued to clients and investors on Tuesday. The brokerage set a “hold” rating on the investment management company’s stock.

Firsthand Technology Value Fund Stock Performance

Shares of NASDAQ SVVC opened at $0.05 on Tuesday. The firm has a fifty day moving average of $0.06 and a 200 day moving average of $0.07. The firm has a market cap of $344,650.00, a PE ratio of 0.42 and a beta of 1.60. Firsthand Technology Value Fund has a one year low of $0.04 and a one year high of $0.28.

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.