StockNews.com assumed coverage on shares of Firsthand Technology Value Fund (NASDAQ:SVVC – Free Report) in a report issued on Thursday morning. The firm issued a hold rating on the investment management company’s stock.
Firsthand Technology Value Fund Trading Down 13.5 %
NASDAQ:SVVC opened at $0.20 on Thursday. The stock has a market cap of $1.39 million, a P/E ratio of -0.05 and a beta of 1.44. The stock’s 50-day moving average is $0.24 and its 200-day moving average is $0.26. Firsthand Technology Value Fund has a 1-year low of $0.16 and a 1-year high of $0.98.
Firsthand Technology Value Fund (NASDAQ:SVVC – Get Free Report) last announced its earnings results on Thursday, March 28th. The investment management company reported ($0.04) EPS for the quarter. The company had revenue of $0.03 million during 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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