Firsthand Technology Value Fund (NASDAQ:SVVC) Now Covered by StockNews.com

StockNews.com initiated coverage on shares of Firsthand Technology Value Fund (NASDAQ:SVVC) in a research note released on Friday. The firm issued a hold rating on the investment management company’s stock.

Firsthand Technology Value Fund Stock Performance

NASDAQ:SVVC opened at $0.07 on Friday. The firm has a 50-day simple moving average of $0.07 and a two-hundred day simple moving average of $0.07. The firm has a market cap of $451,491.50, a P/E ratio of 0.55 and a beta of 1.49. Firsthand Technology Value Fund has a fifty-two week low of $0.04 and a fifty-two week high of $0.35.

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.