Rand Capital (NASDAQ:RAND) Shares Pass Above Two Hundred Day Moving Average – Here’s Why

Rand Capital Co. (NASDAQ:RANDGet Free Report) crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $17.16 and traded as high as $19.47. Rand Capital shares last traded at $19.44, with a volume of 11,176 shares trading hands.

Rand Capital Stock Performance

The company’s 50 day simple moving average is $17.60 and its 200 day simple moving average is $17.16. The stock has a market cap of $50.16 million, a price-to-earnings ratio of 3.90 and a beta of 0.44. The company has a debt-to-equity ratio of 0.06, a quick ratio of 15.99 and a current ratio of 15.99.

Rand Capital Announces Dividend

The company also recently disclosed a dividend, which will be paid on Friday, January 24th. Stockholders of record on Monday, December 16th will be given a dividend of $4.20 per share. The ex-dividend date of this dividend is Monday, December 16th. Rand Capital’s dividend payout ratio is presently 337.35%.

About Rand Capital

(Get Free Report)

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.

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