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

Shares of Rand Capital Co. (NASDAQ:RAND) passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $17.02 and traded as high as $18.19. Rand Capital shares last traded at $18.12, with a volume of 3,991 shares trading hands.

Rand Capital Stock Performance

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’s 50-day simple moving average is $17.23 and its 200-day simple moving average is $17.02. The stock has a market cap of $46.75 million, a price-to-earnings ratio of 3.64 and a beta of 0.52.

Rand Capital Announces Dividend

The company also recently announced a dividend, which will be paid on Friday, January 24th. Stockholders of record on Monday, December 16th will be given a $4.20 dividend. The ex-dividend date is Monday, December 16th. Rand Capital’s payout ratio is presently 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.