Rand Capital (NASDAQ:RAND) Shares Pass Above 200 Day Moving Average – Time to Sell?

Rand Capital Co. (NASDAQ:RAND)’s stock price crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $18.10 and traded as high as $23.40. Rand Capital shares last traded at $23.11, with a volume of 20,787 shares traded.

Rand Capital Price Performance

The firm has a 50 day moving average of $20.09 and a 200-day moving average of $18.10. 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 company has a market cap of $59.62 million, a P/E ratio of 4.64 and a beta of 0.44.

Rand Capital (NASDAQ:RAND) last announced its quarterly earnings data 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 business had revenue of $2.22 million during the quarter.

Rand Capital Announces Dividend

The business also recently declared a dividend, which was paid on Friday, January 24th. Shareholders of record on Monday, December 16th were issued a $4.20 dividend. The ex-dividend date was Monday, December 16th. Rand Capital’s dividend payout ratio is currently 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.