Rand Capital (NASDAQ:RAND) Stock Passes Above Two Hundred Day Moving Average – Time to Sell?

Rand Capital Co. (NASDAQ:RAND)’s stock price crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $16.23 and traded as high as $17.03. Rand Capital shares last traded at $16.41, with a volume of 729 shares traded.

Rand Capital Stock Performance

The company’s 50-day moving average price is $17.27 and its 200-day moving average price is $16.24. The company has a debt-to-equity ratio of 0.25, a quick ratio of 20.17 and a current ratio of 20.17.

Rand Capital (NASDAQ:RAND) last released its earnings results on Tuesday, August 6th. The asset manager reported $0.44 earnings per share (EPS) for the quarter. The company had revenue of $2.14 million for the quarter. Rand Capital had a net margin of 137.44% and a return on equity of 6.13%.

Rand Capital Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, September 13th. Investors of record on Friday, August 30th were paid a dividend of $0.29 per share. The ex-dividend date was Friday, August 30th. This represents a $1.16 annualized dividend and a yield of 7.07%. Rand Capital’s payout ratio is 27.68%.

About Rand Capital

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.