Firsthand Technology Value Fund: Investment Analysts Recommend a Hold Rating as Shares Continue to Fluctuate

Investment analysts at StockNews.com have recently begun covering the shares of Firsthand Technology Value Fund (NASDAQ: SVVC) with a “hold” rating, according to a research note released on Monday.

On opening, shares of NASDAQ SVVC were priced 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 company 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 its lowest stock price in the past 52 weeks on Monday, May 14th, when it hit $0.14. However, it reached its highest stock price in the same time frame on Friday, May 18th, at $0.92. The company’s last earnings report was released on Tuesday, May 14th, which showed EPS of $0.41 for the quarter and total revenue of $3 million for the period ending March 31st, 2023.”