RAND Stock Summary and Trading Ideas (Rand Capital - Closed End | NASDAQ:RAND)

Rand Capital Corp is a closed-end, diversified management company. The firm's investment objectives is to maximize the total return to the shareholders with current income combined with capital appreciation. Some of its portfolios include lumious, and GiveGab among others.

Rand Capital - Closed End trades on the NASDAQ stock market under the symbol RAND.

As of May 9, 2024, RAND stock price climbed to $14.03 with 1,508 million shares trading.

RAND has a market cap of $36.22 million. This is considered a Sub-Micro Cap stock.

In the last 3 years, RAND stock traded as high as $26.98 and as low as $12.50.

RAND has underperformed the market in the last year with a price return of +23.6% while the SPY ETF gained +27.7%. However, in the short term, RAND had mixed performance relative to the market. It has outperformed in the last 3 months, returning +6.0% vs +4.7% return in SPY. But in the last 2 weeks, RAND shares have been beat by the market, returning +1.9% compared to an SPY return of +2.9%.

RAND support price is $13.61 and resistance is $14.03 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that RAND stock will trade within this expected range on the day.