Rand Capital (NASDAQ:RAND) Earns Strong-Buy Rating from Analysts at StockNews.com

StockNews.com began coverage on shares of Rand Capital (NASDAQ:RAND - Free Report) in a research report report published on Monday morning. The brokerage issued a strong-buy rating on the asset manager's stock.

Rand Capital Stock Performance

Shares of NASDAQ RAND traded down $0.40 during trading hours on Monday, reaching $28.10. The stock had a trading volume of 39,074 shares, compared to its average volume of 16,136. The firm has a market cap of $72.50 million, a price-to-earnings ratio of 5.64 and a beta of 0.44. The company has a current ratio of 15.99, a quick ratio of 15.99 and a debt-to-equity ratio of 0.06. Rand Capital has a fifty-two week low of $13.58 and a fifty-two week high of $31.89. The firm has a 50-day moving average of $21.47 and a 200-day moving average of $18.72.

Rand Capital Announces Dividend

The firm also recently announced a dividend, which was paid on Friday, January 24th. Stockholders of record on Monday, December 16th were paid a dividend of $4.20 per share. The ex-dividend date of this dividend was Monday, December 16th. Rand Capital's dividend payout ratio (DPR) is 337.35%.

Rand Capital Company Profile

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.