Firsthand Technology Value Fund (NASDAQ:SVVC) Coverage Initiated at StockNews.com

StockNews.com started coverage on shares of Firsthand Technology Value Fund (NASDAQ:SVVCGet Free Report) in a report released on Tuesday. The brokerage set a “hold” rating on the investment management company’s stock.

Firsthand Technology Value Fund Stock Performance

Shares of Firsthand Technology Value Fund stock opened at $0.14 on Tuesday. Firsthand Technology Value Fund has a 12-month low of $0.13 and a 12-month high of $0.84. The firm has a market capitalization of $943,241.00, a price-to-earnings ratio of -0.04 and a beta of 1.37. The firm’s 50 day simple moving average is $0.20 and its two-hundred day simple moving average is $0.25.

Firsthand Technology Value Fund (NASDAQ:SVVCGet Free Report) last issued its quarterly earnings results on Tuesday, May 14th. The investment management company reported $0.41 earnings per share (EPS) for the quarter. The company had revenue of $0.03 million for the quarter.

Firsthand Technology Value Fund Company Profile

(Get Free Report)

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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