Rand Capital (RAND) Getting Positive News Coverage, Report Shows

Media headlines about Rand Capital (NASDAQ:RAND) have been trending positive recently, according to Accern Sentiment. The research firm identifies positive and negative media coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Rand Capital earned a news sentiment score of 0.26 on Accern’s scale. Accern also assigned media headlines about the asset manager an impact score of 44.7902143567674 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.

Here are some of the news stories that may have effected Accern Sentiment Analysis’s analysis:

Rand Capital (RAND) traded up $0.04 during midday trading on Wednesday, reaching $2.64. 7,600 shares of the company’s stock were exchanged, compared to its average volume of 18,860. The company has a quick ratio of 156.38, a current ratio of 156.38 and a debt-to-equity ratio of 0.25. The stock has a market cap of $16.44, a P/E ratio of -14.67 and a beta of -0.04. Rand Capital has a 1-year low of $2.58 and a 1-year high of $3.50.

Separately, ValuEngine upgraded shares of Rand Capital from a “hold” rating to a “buy” rating in a report on Friday, December 1st.

In other Rand Capital news, Director Reginald B. Newman II bought 20,000 shares of the business’s stock in a transaction on Thursday, January 18th. The shares were acquired at an average price of $2.75 per share, with a total value of $55,000.00. Following the transaction, the director now owns 150,000 shares of the company’s stock, valued at approximately $412,500. The purchase was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Company insiders own 13.20% of the company’s stock.

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About Rand Capital

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.

Insider Buying and Selling by Quarter for Rand Capital (NASDAQ:RAND)

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