Firsthand Technology Value Fund (NASDAQ:SVVC) has recently caught the attention of StockNews.com research analysts, who have issued a “hold” rating to investors. On Wednesday, the company’s stock opened at $0.13 on the NASDAQ, with a market cap of $861,250.00 and a P/E ratio of -0.03. The beta for Firsthand Technology Value Fund is 1.37, with a twelve month low of $0.13 and a high of $0.81. The stock has a 50-day moving average of $0.19 and a 200-day moving average of $0.24.
As a business development company, Firsthand Technology Value Fund specializes in venture capital investments in various stages of companies, including start-up, early, middle, and late stage. They also invest in pre-IPO companies and those with operating histories that are unprofitable or marginally profitable. On May 14th, the company reported its earnings results for the quarter, with an EPS of $0.41 and revenue of $0.03 million.
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