Somewhat Positive News Coverage Somewhat Unlikely to Impact Firsthand Technology Value Fund (SVVC) Stock Price

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Press coverage about Firsthand Technology Value Fund (NASDAQ:SVVC) has been trending somewhat positive on Friday, according to Accern. The research firm rates the sentiment of media coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Firsthand Technology Value Fund earned a coverage optimism score of 0.17 on Accern’s scale. Accern also gave press coverage about the investment management company an impact score of 48.5680639024787 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the near term.

Separately, ValuEngine raised Firsthand Technology Value Fund from a “hold” rating to a “buy” rating in a report on Saturday, June 2nd.

NASDAQ SVVC traded up $0.30 during trading on Friday, reaching $14.97. 2,657 shares of the company traded hands, compared to its average volume of 18,593. Firsthand Technology Value Fund has a 1-year low of $7.29 and a 1-year high of $15.59.

Firsthand Technology Value Fund (NASDAQ:SVVC) last released its quarterly earnings data on Thursday, August 9th. The investment management company reported ($0.22) earnings per share for the quarter. The company had revenue of $0.78 million for the quarter. Firsthand Technology Value Fund had a net margin of 2,030.85% and a negative return on equity of 4.41%.

About Firsthand Technology Value Fund

Firsthand Technology Value Fund, Inc is an externally managed, closed-end, non-diversified management investment company. The Fund’s investment objective is to seek long-term growth of capital, principally by seeking capital gains on its equity and equity-related investments. It invests at least 80% of its total assets in technology companies.

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