Rand Capital Corp (NASDAQ: RAND) stock enjoyed a major increase of 11.9% on 7/11/24. The shares closed at $16.58. Moreover, unusually high trading volume at 162% of normal accompanied the advance. The stock has been strong relative to the market over the last nine months and has risen 13.6% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, RAND is expected to be a modest Value Builder.
Rand Capital has a current Value Trend Rating of B (Positive). This rating combines consistent signals from two proprietary PTR measures of a stock’s attractiveness. Rand Capital has a slightly positive Power Rating of 62 and a good Appreciation Score of 72, producing the Positive Value Trend Rating.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of B. This review will be completed in the next several days.
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