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

Equities researchers at StockNews.com started coverage on shares of Firsthand Technology Value Fund (NASDAQ:SVVC) in a report released on Friday. The firm set a “hold” rating on the investment management company’s stock.

Firsthand Technology Value Fund Trading Up 1.4 %

Shares of SVVC opened at $0.06 on Friday. The stock has a market capitalization of $434,070.00, a P/E ratio of 0.53 and a beta of 1.53. The firm’s fifty day simple moving average is $0.07 and its two-hundred day simple moving average is $0.06. Firsthand Technology Value Fund has a 12 month low of $0.04 and a 12 month high of $0.31.

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.