Press coverage about Rand Capital (NASDAQ:RAND) has been trending somewhat positive this week, according to Accern Sentiment Analysis. The research group identifies negative and positive media coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Rand Capital earned a coverage optimism score of 0.19 on Accern’s scale. Accern also assigned media stories about the asset manager an impact score of 44.9846932634955 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
Here are some of the news articles that may have effected Accern Sentiment Analysis’s analysis:
Separately, ValuEngine raised Rand Capital from a “hold” rating to a “buy” rating in a research report on Friday, December 1st.
Shares of Rand Capital (NASDAQ:RAND) opened at $2.71 on Friday. The stock has a market capitalization of $17.13, a price-to-earnings ratio of -15.05 and a beta of -0.04. Rand Capital has a 12-month low of $2.70 and a 12-month high of $3.50. The company has a current ratio of 156.38, a quick ratio of 156.38 and a debt-to-equity ratio of 0.25.
Rand Capital (NASDAQ:RAND) last announced its quarterly earnings results on Monday, November 6th. The asset manager reported $0.02 earnings per share for the quarter. Rand Capital had a negative return on equity of 1.56% and a negative net margin of 83.79%. The company had revenue of $0.40 million during the quarter.
In related news, Director Reginald B. Newman II purchased 20,000 shares of Rand Capital stock in a transaction on Thursday, January 18th. The stock was bought at an average price of $2.75 per share, with a total value of $55,000.00. Following the completion of the transaction, the director now directly owns 150,000 shares of the company’s stock, valued at $412,500. The acquisition was disclosed in a filing with the SEC, which can be accessed through this link. 13.20% of the stock is owned by insiders.
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Rand Capital Company Profile
Rand Capital Corporation is a closed-end, diversified, management investment company. The Company provides managerial assistance to the portfolio companies in which it invests. The Company makes venture capital investments in early or expansion-stage companies, typically in New York and its surrounding states.
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