Rand Capital (NASDAQ:RAND) was upgraded by equities researchers at ValuEngine from a “hold” rating to a “buy” rating in a report issued on Friday.
Shares of Rand Capital (NASDAQ RAND) remained flat at $$2.88 during mid-day trading on Friday. 405 shares of the company’s stock were exchanged, compared to its average volume of 8,271. The company has a debt-to-equity ratio of 0.25, a quick ratio of 156.38 and a current ratio of 156.38. Rand Capital has a fifty-two week low of $2.75 and a fifty-two week high of $3.48.
Rand Capital (NASDAQ:RAND) last posted its earnings results on Monday, November 6th. The asset manager reported $0.02 earnings per share (EPS) for the quarter. Rand Capital had a negative net margin of 83.79% and a negative return on equity of 1.56%. The firm had revenue of $0.40 million during the quarter.
About Rand Capital
Rand Capital Corporation is a closed-end, diversified, management investment company. The Company provides managerial assistance to the portfolio companies in which it invests. The Company makes venture capital investments in early or expansion-stage companies, typically in New York and its surrounding states.
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