Investment analysts from StockNews.com have recently started covering shares of Firsthand Technology Value Fund (NASDAQ: SVVC) and have given the company a “hold” rating. This suggests that they believe the stock will perform in line with the market.
Firsthand Technology Value Fund, Inc. is a business development company that specializes in venture capital investments in various stages of companies. They focus on investing in pre-IPO companies, as well as those with operating histories that are unprofitable or marginally profitable. They may also invest in companies involved in bankruptcy or reorganization proceedings. The company has a market cap of $1.79 million, a PE ratio of -0.05, and a beta of 1.43.
The stock price performance of Firsthand Technology Value Fund has varied over the past year, with a low of $0.17 and a high of $1.02. It opened at $0.26 on Friday and has moving averages of $0.25 (50-day) and $0.29 (200-day). Institutional investors have also shown interest in the company, with Atria Wealth Solutions Inc., purchasing 22,797 shares during the 1st quarter valued at approximately $79,000, which accounts for around 0
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