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

Equities researchers at StockNews.com assumed coverage on shares of Firsthand Technology Value Fund (NASDAQ:SVVCGet Free Report) in a research report issued on Saturday. The brokerage set a “hold” rating on the investment management company’s stock.

Firsthand Technology Value Fund Price Performance

SVVC stock opened at $0.08 on Friday. The company’s 50-day moving average is $0.07 and its 200-day moving average is $0.07. The stock has a market capitalization of $544,547.00, a PE ratio of 0.66 and a beta of 1.49. Firsthand Technology Value Fund has a 1 year low of $0.04 and a 1 year high of $0.35.

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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