Rand Capital (NASDAQ:RAND) Downgraded to “Buy” Rating by StockNews.com

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

Rand Capital Stock Performance

Shares of RAND stock opened at $26.22 on Tuesday. The company has a quick ratio of 15.99, a current ratio of 15.99 and a debt-to-equity ratio of 0.06. The firm has a market capitalization of $67.67 million, a price-to-earnings ratio of 5.27 and a beta of 0.44. The stock has a fifty day moving average of $21.75 and a 200 day moving average of $18.88. Rand Capital has a 52 week low of $13.69 and a 52 week high of $31.89.

Rand Capital Dividend Announcement

The company 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 is currently 337.35%.

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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