Rand Capital (NASDAQ:RAND) Announces Quarterly Earnings Results

Rand Capital (NASDAQ:RANDGet Free Report) posted 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%. The company had revenue of $1.58 million for the quarter.

Rand Capital Stock Down 1.2%

Shares of NASDAQ:RAND opened at $13.77 on Friday. Rand Capital has a 52 week low of $13.40 and a 52 week high of $31.89. The company has a 50-day moving average price of $14.44 and a 200 day moving average price of $16.03. The company has a market cap of $40.89 million, a P/E ratio of -5.67 and a beta of 0.25.

Analyst Ratings Changes

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

Check Out Our Latest Analysis on Rand Capital

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.

See Also

Earnings History for Rand Capital (NASDAQ:RAND)

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