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

StockNews.com assumed coverage on shares of Firsthand Technology Value Fund (NASDAQ:SVVC) in a research report sent to investors on Thursday morning. The brokerage issued a hold rating on the investment management company’s stock.

Firsthand Technology Value Fund Price Performance

Shares of NASDAQ:SVVC opened at $0.06 on Thursday. The stock has a market capitalization of $442,820.30, a PE ratio of 0.22 and a beta of 1.49. The firm’s 50 day moving average price is $0.07 and its 200-day moving average price is $0.08. Firsthand Technology Value Fund has a twelve month low of $0.04 and a twelve month high of $0.35.

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.