Stock Rating Downgrade
In the last week the Value Trend Rating for Rand Capital Corp (NASDAQ: RAND) weakened from B to C reflecting eroding fundamentals and low Appreciation Potential.
Recent Price Action
On 5/1/24, Rand Capital Corp (NASDAQ: RAND) stock declined slightly by -0.4%, closing at $14.04. However, unusually low trading volume at 64% of normal accompanied the decline. The stock has performed in line with the market over the last nine months and has risen 1.4% during the last week.
Current PriceTarget Research Rating
RAND’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to be a modest Value Builder.
Rand Capital has a current Value Trend Rating of C (High Neutral). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. Rand Capital has a good Appreciation Score of 72 but a neutral Power Rating of 48, leading to the High Neutral Value Trend Rating.
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