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

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

Firsthand Technology Value Fund Stock Up 46.7%

Shares of Firsthand Technology Value Fund stock opened at $0.08 on Tuesday. The business has a fifty day simple moving average of $0.06 and a 200-day simple moving average of $0.06. Firsthand Technology Value Fund has a fifty-two week low of $0.04 and a fifty-two week high of $0.19. The firm has a market cap of $543,857.70, a price-to-earnings ratio of 0.66 and a beta of 1.59.

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.