Rand Capital (NASDAQ:RAND) Cut to Buy at StockNews.com

StockNews.com cut shares of Rand Capital (NASDAQ:RANDFree Report) from a strong-buy rating to a buy rating in a research report report published on Tuesday morning.

Rand Capital Stock Performance

Shares of RAND opened at $25.50 on Tuesday. The firm has a fifty day simple moving average of $22.02 and a 200 day simple moving average of $18.98. Rand Capital has a 12 month low of $13.69 and a 12 month high of $31.89. The company has a current ratio of 15.99, a quick ratio of 15.99 and a debt-to-equity ratio of 0.06. The stock has a market capitalization of $65.82 million, a price-to-earnings ratio of 5.12 and a beta of 0.44.

Rand Capital Dividend Announcement

The business also recently disclosed a dividend, which was paid on Friday, January 24th. Shareholders of record on Monday, December 16th were given a dividend of $4.20 per share. The ex-dividend date was Monday, December 16th. Rand Capital’s dividend payout ratio (DPR) is 337.35%.

About Rand Capital

(Get Free Report)

Rand Capital Corporation is a business development company specializing in subordinated debt with warrants or preferred equity and venture capital investments. Within private equity, the firm specializing in capital growth and lower middle market investments. Within venture capital, it specializing in early to late-stage private businesses.

Featured Stories

Receive News & Ratings for Rand Capital Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Rand Capital and related companies with MarketBeat.com's FREE daily email newsletter.