Rand Capital (NASDAQ:RAND) Stock Rating Lowered by StockNews.com

Rand Capital (NASDAQ:RAND) was downgraded by StockNews.com from a “strong-buy” rating to a “buy” rating in a research note issued to investors on Tuesday.

Rand Capital Stock Down 6.4 %

RAND stock traded down $1.78 during trading on Tuesday, hitting $26.22. 39,593 shares of the stock traded hands, compared to its average volume of 17,050. Rand Capital has a 1 year low of $13.69 and a 1 year high of $31.89. The firm’s 50 day moving average is $21.75 and its two-hundred day moving average is $18.88. The stock has a market cap of $67.67 million, a price-to-earnings ratio of 5.27 and a beta of 0.44. The company has a debt-to-equity ratio of 0.06, a current ratio of 15.99 and a quick ratio of 15.99.

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.