StockNews.com took over coverage of stocks from Firsthand Technology Value Fund (NASDAQ:SVVC – Get a Free Report) in a research report issued to customers and investors on Saturday. The brokerage house rated the investment company’s shares as “Hold”.
Firsthand Technology Value Fund shares fell 7.8%
Firsthand Technology Value Fund stock opened at $0.09 on Friday. The stock has a market cap of $633,880.00, a P/E ratio of -0.02 and a beta of 1.33. Firsthand Technology Value Fund has a twelve month low of $0.07 and a twelve month high of $0.79. The company’s 50 day moving average price is $0.13 and its 200 day moving average price is $0.21.
Firsthand Technology Value Fund (NASDAQ:SVVC – Free Report) last announced its earnings results on Tuesday, May 14. The investment management company reported $0.41 earnings per share for the quarter. The company had revenue of $0.03 million during the quarter.
Company profile of Firsthand Technology Value Fund
(Get free report)
Firsthand Technology Value Fund, Inc. is a business development firm that specializes in venture capital investments in start-ups, early-stage, mid-stage, late-stage, early development companies and PIPEs. It seeks to invest in companies prior to their initial public offering. The Fund also seeks to invest in companies that have a history of operating loss or marginal profitability, negative net worth, or are involved in bankruptcy or reorganization proceedings.
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