Rand Capital (NASDAQ:RAND) Share Price Crosses Above 200 Day Moving Average – Should You Sell?

Rand Capital Co. (NASDAQ:RAND) shares passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $17.88 and traded as high as $22.25. Rand Capital shares last traded at $21.95, with a volume of 6,457 shares traded.

Rand Capital Price Performance

The company has a 50-day moving average of $19.36 and a 200 day moving average of $17.88. The firm has a market cap of $56.63 million, a P/E ratio of 4.41 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.

Rand Capital (NASDAQ:RAND) last posted its earnings results on Wednesday, November 6th. The asset manager reported $0.46 earnings per share (EPS) for the quarter. Rand Capital had a net margin of 154.01% and a return on equity of 6.60%. The company had revenue of $2.22 million during the quarter.

Rand Capital Dividend Announcement

The firm also recently declared a dividend, which was paid on Friday, January 24th. Stockholders of record on Monday, December 16th were given a dividend of $4.20 per share. The ex-dividend date of this dividend was Monday, December 16th. Rand Capital’s dividend payout ratio 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.