Rand Capital (NASDAQ:RAND) Share Price Crosses Above Two Hundred Day Moving Average – Should You Sell?

Shares of Rand Capital Co. (NASDAQ:RAND) crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $17.02 and traded as high as $18.19. Rand Capital shares last traded at $18.12, with a volume of 3,991 shares changing hands.

Rand Capital Price Performance

The company has a market cap of $46.44 million, a price-to-earnings ratio of 3.61 and a beta of 0.52. The company’s 50 day moving average price is $17.30 and its 200-day moving average price is $17.04. 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 business also recently declared a dividend, which will be paid on Friday, January 24th. Stockholders of record on Monday, December 16th will be given a $4.20 dividend. The ex-dividend date of this dividend is Monday, December 16th. Rand Capital’s dividend payout ratio (DPR) is 337.35%.

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.