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

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

Firsthand Technology Value Fund Stock Up 10.1 %

SVVC stock traded up $0.01 during trading on Friday, hitting $0.06. 1,171 shares of the company’s stock traded hands, compared to its average volume of 4,960. Firsthand Technology Value Fund has a 52 week low of $0.04 and a 52 week high of $0.40. The stock has a fifty day moving average price of $0.07 and a two-hundred day moving average price of $0.11. The stock has a market capitalization of $413,580.00, a price-to-earnings ratio of -0.02 and a beta of 1.35.

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