StockNews.com started coverage on shares of Firsthand Technology Value Fund (NASDAQ:SVVC – Free Report) in a research report sent to investors on Wednesday. The brokerage issued a hold rating on the investment management company’s stock.
Firsthand Technology Value Fund Stock Performance
NASDAQ:SVVC opened at $0.23 on Wednesday. The company has a market cap of $1.60 million, a PE ratio of -0.05 and a beta of 1.43. Firsthand Technology Value Fund has a twelve month low of $0.17 and a twelve month high of $0.98. The company’s 50 day moving average is $0.24 and its two-hundred day moving average is $0.26.
Firsthand Technology Value Fund (NASDAQ:SVVC – Get Free Report) last released its earnings results on Thursday, March 28th. The investment management company reported ($0.04) earnings per share for the quarter. The business had revenue of $0.03 million for the quarter.
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.
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