Firsthand Technology Value Fund (NASDAQ:SVVC) Earns Hold Rating from Analysts at StockNews.com

Investment analysts at StockNews.com began coverage on shares of Firsthand Technology Value Fund (NASDAQ:SVVC) in a note issued to investors on Saturday. The brokerage set a “hold” rating on the investment management company’s stock.

Firsthand Technology Value Fund Price Performance

NASDAQ SVVC opened at $0.07 on Friday. The company has a market cap of $482,510.00, a P/E ratio of -0.05 and a beta of 1.35. The stock has a 50-day moving average of $0.07 and a two-hundred day moving average of $0.10. Firsthand Technology Value Fund has a 1-year low of $0.04 and a 1-year high of $0.40.

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