Firsthand Technology Value Fund, Inc., a business development company that specializes in venture capital investments, recently had its shares covered by analysts at StockNews.com. In a research note issued on Monday, the investment management company was given a “hold” rating.
Shares of the NASDAQ SVVC opened at $0.15 on Monday, with a 50-day simple moving average of $0.21 and a 200-day simple moving average of $0.25. The stock has a market capitalization of $1.03 million, a price-to-earnings ratio of -0.04, and a beta of 1.44. Firsthand Technology Value Fund experienced a 52-week low of $0.14 and a 52-week high of $0.92. The company last released its earnings results on Tuesday, May 14th, with reported earnings per share (EPS) of $0.41 for the quarter and total revenue of $0.03 million.
Firsthand Technology Value Fund focuses on investing in pre-IPO companies as well as companies with unprofitable or marginally profitable operating histories, negative net worth, or those involved in bankruptcy or reorganization proceedings.
