Rand Capital (NASDAQ:RAND) Issues Earnings Results

Rand Capital (NASDAQ:RAND) released its quarterly earnings data on Friday. The asset manager reported $0.33 EPS for the quarter, Zacks reports. Rand Capital had a negative net margin of 90.42% and a positive return on equity of 6.97%.

Rand Capital Trading Down 1.2%

RAND stock traded down $0.16 during mid-day trading on Friday, hitting $13.77. The stock had a trading volume of 1,423 shares, compared to its average volume of 8,725. Rand Capital has a 52 week low of $13.40 and a 52 week high of $31.89. The firm has a market capitalization of $40.89 million, a P/E ratio of -5.67 and a beta of 0.25. The firm has a fifty day simple moving average of $14.44 and a 200 day simple moving average of $16.06.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings restated a “sell (d+)” rating on shares of Rand Capital in a report on Wednesday, October 8th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock presently has a consensus rating of “Sell”.

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.