Rand Capital (NASDAQ:RAND - Get Free Report) was downgraded by analysts at StockNews.com from a "buy" rating to a "hold" rating in a research report issued to clients and investors on Tuesday.
Rand Capital Trading Down 8.1 %
Rand Capital stock traded down $1.98 during midday trading on Tuesday, reaching $22.50. The stock had a trading volume of 12,580 shares, compared to its average volume of 18,997. Rand Capital has a twelve month low of $13.69 and a twelve month high of $31.89. The stock has a market capitalization of $58.07 million, a PE ratio of 4.52 and a beta of 0.44. The company has a debt-to-equity ratio of 0.06, a quick ratio of 15.99 and a current ratio of 15.99. The stock's 50-day simple moving average is $23.13 and its 200 day simple moving average is $19.37.
Rand Capital (NASDAQ:RAND - Get Free Report) last issued its earnings results on Monday, March 10th. The asset manager reported $0.45 earnings per share for the quarter. Rand Capital had a return on equity of 6.60% and a net margin of 154.01%. The firm had revenue of $2.14 million for the quarter.
Rand Capital Company Profile
(
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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.
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