Rand Capital Corporation (RAND) news stock charts
Rand Capital Corporation (RAND) Investment Summary:
Rand Capital Corporation (“Rand” or “Corporation”) was incorporated under the law of New York on February 24, 1969. Beginning in 1971, Rand operated as a publicly traded, closed-end, diversified management company that was registered under Section 8(b) of the Investment Company Act of 1940 (the “1940 Act”). On August 16, 2001, Rand filed an election to be treated as a business development company (“BDC”) under the 1940 Act, which became effective on the date of filing. On January 16, 2002, Rand formed a wholly-owned subsidiary, Rand Capital SBIC, L.P., (“Rand SBIC”) for the purpose of operating it as a small business investment company. At the same time, Rand organized another wholly owned subsidiary, Rand Capital Management, LLC (“Rand Management”), as a Delaware limited liability company, to act as the general partner of Rand SBIC. ... More..."http://secfilings.nasdaq.com/edgar_conv_html%2f2008%2f03%2f27%2f0000950152-08-002358.html#FIS_BUSINESS"www.randcapital.com
4 Employees
Founded in 1969
RAND CAPITAL CORP (RAND:NASDAQ)
LAST $3.41 USD
CHANGE TODAY 0.00 0.00%
VOLUME 0.0
As of 8:10 PM 03/18/10 All times are local (Market data is delayed by at least 15 minutes).
Snapshot of RAND CAPITAL CORP (RAND)
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OPEN
$3.41
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PREVIOUS CLOSE
$3.41
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DAY HIGH
$3.41
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DAY LOW
$3.41
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52 WEEK HIGH
11/4/09 - $4.95
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52 WEEK LOW
04/20/09 - $2.41
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MARKET CAP
23.3M
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AVERAGE VOLUME 10 D
298.6
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EPS TTM
$-0.38
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SHARES OUTSTANDING
6.8M
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RAND Does Not Pay Dividends
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P/E TTM
--
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| K = Thousands M = Millions B = Billions | ||
Key developments for RAND CAPITAL CORP (RAND)
Rand Capital Corporation, Annual General Meeting, May 04, 2010
03/18/2010
Rand Capital Corporation, Annual General Meeting, May 04, 2010, at 10:30 US Eastern Time. Location: Room 410, Rand Building, 14 Lafayette Square, Buffalo, New York, United States. Agenda: To elect seven Directors to hold office until the next annual meeting of shareholders and until their successors have been elected and qualified; to ratify the selection of Freed Maxick & Battaglia, CPAs, P.C. as independent registered public accounting firm for the year ending December 31, 2010; and to consider and act upon such other business as may properly come before the meeting.
Rand Capital Corporation Reports Net Asset Value Results for the Second Quarter Ended June 30, 2009
07/24/2009
Rand Capital Corporation reported net asset value results for the second quarter ended June 30, 2009, highlighting a net asset value of $3.42 per share, a decrease of $0.11 from March 31, 2009.
Rand Capital Mulls Buys
05/1/2009
Rand Capital Corporation seeks to make acquisitions. The company has nearly $2 million in cash and could tap almost $2 million more through its small business investment arm. Rand also could raise another few million after shareholders gave the company more flexibility to sell additional shares of its stock over the next year. There are a lot of deals out there, said Pete Grum, Rands president. He added, Were a little hesitant, but were seeing a lot. Grum said Rands available cash puts it in a position to step in when the right deal comes along.
Rand Capital Corporation financial resources
RAND Competitors
| Company | Last | Change |
| Brantley Capital Corp | $0.25 USD | 0.00 |
| Harris & Harris Group Inc | $4.77 USD | +0.02 |
| MACC Private Equities Inc | $0.75 USD | 0.00 |
| Triangle Capital Corp | $14.30 USD | +0.05 |
| Winfield Capital Corp | $0.0050 USD | +0.0025 |
| Market data is delayed at least 15 minutes. | ||
Industry Analysis
| Valuation | RAND | Industry Range |
| Price/Earnings | 96.5x |
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| Price/Sales | 14.0x |
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| Price/Book | 1.0x |
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| Price/Cash Flow | 110.6x |
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| TEV/Sales | 7.4x |
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RAND |
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RAND transactions
| Type Date |
Target |
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Merger/Acquisition
November 18, 2009 |
Monarch Machine Tool, Inc. |
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Private Placement
November 6, 2009 |
Rheonix, Inc. |
More Recent Financial News About Rand Capital Corporation
RAND CAPITAL CORP Files SEC form 10-K, Annual Report
2010-03-19 07:22:25
Quote: New factors emerge from time to time that may cause our
business not to develop as we expect, and we cannot predict all of them.
Business Overview
Rand Capital Corporation ("Rand") was incorporated under the law of New York on
February 24, 1969. Beginning in 1971, Rand operated as a publicly traded,
closed-end, diversified management company that was registered under Section 8
of the Investment Company Act of 1940 (the "1940 Act"). On August 16, 2001, Rand
elected to be tre...Read article
Rand Capital Announces Fourth Quarter Results
2010-02-26 11:01:29
Quote: Grum, President of Rand Capital, stated: "It was a busy fourth quarter as we deployed capital into one new investment and five existing portfolio companies. We exited Kionix, Inc. and RAMSCO which were the first two investments in our SBIC. These investments were very successful with estimated annualized returns over 20%. With approximately $10 million in cash, we are busy evaluating new investment opportunities."Portfolio ActivitiesDuring the quarter:Rand realized two exits during the fourth qu...Read article
Rand Capital Announces Third Quarter Results
2010-02-10 08:35:55
Quote: Grum, President of Rand Capital, stated: "It was a busy quarter and we are pleased to share our results. Raising $3.8 million in new capital gives us the flexibility to address new investments at a favorable time. We are pleased with the proposed sale of Kionix to ROHM. Based on the anticipated sale and financial results, we estimate that we will receive $5.6 million versus our $1.5 million in cost. With the potential of $10 million in available capital, we are actively evaluating a handful of a...Read article
Rand Capital Announces $250,000 Investment in Rheonix, Inc.
2010-02-10 08:35:54
Quote: (Ithaca, NY), Onondaga Venture Capital Fund, LLC (Syracuse, NY) and angel investors.
Daniel Penberthy, Executive Vice-President of Rand Capital, stated, "We have watched both Rheonix and IBI develop their technologies over the last several years, and now believe the Company is positioned with a device that will be accepted into the marketplace. The development of the Company to this stage is a credit to both the strength of its ......Read article
Rand Capital Announces Fourth Quarter Results
2010-02-10 08:35:53
Quote: Grum, President of Rand Capital, stated: "It was a busy fourth quarter as we deployed capital into one new investment and five existing portfolio companies. We exited Kionix, Inc. and RAMSCO which were the first two investments in our SBIC. These investments were very successful with estimated annualized returns over 20%. With approximately $10 million in cash, we are busy evaluating new investment opportunities."Portfolio ActivitiesDuring the quarter:Rand realized two exits during the ...Read article
RAND CAPITAL CORP Files SEC form 8-K, Results of Operations and Financial Condition
2010-02-09 01:16:37
Quote: RAND CAPITAL CORPRequest a Trial to NEW EDGAR Online Pro
Form
8-K for
RAND CAPITAL CORP
8-Feb-2010Results of Operations and Financial ConditionPrivacy PolicyAbout Our AdsTerms of ServiceCopyright/IP PolicySend FeedbackSEC
Filing data and information provided by EDGAR Online,
Inc.
(1-800-416-6651). All information provided "as is"
for informational purposes
only, not intended for trading purposes or advice.
Neither Yahoo! nor any of
independent providers is liable for any informational
errors, in...Read article
Rand Capital Announces Fourth Quarter Results
2010-02-09 01:16:37
Quote: Grum, President of Rand Capital, stated: "It was a busy fourth quarter as we deployed capital into one new investment and five existing portfolio companies. We exited Kionix, Inc. and RAMSCO which were the first two investments in our SBIC. These investments were very successful with estimated annualized returns over 20%. With approximately $10 million in cash, we are busy evaluating new investment opportunities."Portfolio ActivitiesDuring the quarter:Rand realized two exits during the ...Read article
RAND CAPITAL CORP Files SEC form 8-K, Results of Operations and Financial Condition
2010-02-08 04:07:23
Quote: RAND CAPITAL CORPRequest a Trial to NEW EDGAR Online Pro
Form
8-K for
RAND CAPITAL CORP
24-Jul-2009Results of Operations and Financial ConditionPrivacy PolicyAbout Our AdsTerms of ServiceCopyright/IP PolicySend FeedbackSEC
Filing data and information provided by EDGAR Online,
Inc.
(1-800-416-6651). All information provided "as is"
for informational purposes
only, not intended for trading purposes or advice.
Neither Yahoo! nor any of
independent providers is liable for any informational
errors, i...Read article
Rand Capital Announces Terms of Private Offering
2009-12-01 03:22:48
Quote: The shares being sold in the private offering have not been registered under the Securities Act of 1933 and may not be offered or sold in the United States absent registration under the Securities Act or under an applicable exemption from such registration.
ABOUT RAND CAPITAL
Rand is a publicly held Business Development Company (BDC), and its wholly owned subsidiary is licensed by the Small Business Administration (SBA) as a Small Business Investment Company (SBIC). Rand and its subsidiary pro...Read article
Rand Capital Announces Third Quarter Results
2009-11-30 02:03:33
Quote: Grum, President of Rand Capital, stated: "It was a busy quarter and we are pleased to share our results. Raising $3.8 million in new capital gives us the flexibility to address new investments at a favorable time. We are pleased with the proposed sale of Kionix to ROHM. Based on the anticipated sale and financial results, we estimate that we will receive $5.6 million versus our $1.5 million in cost. With the potential of $10 million in available capital, we are actively evaluating a handful of a...Read article
RAND CAPITAL CORP Files SEC form 10-Q, Quarterly Report
2009-11-30 02:03:33
Quote: New factors emerge from time to time that may cause our
business not to develop as we expect, and we cannot predict all of them.
Corporate Structure
The following discussion will describe the financial position and operations
of Rand Capital Corporation (Rand), its wholly-owned subsidiary Rand SBIC, Inc.
(Rand SBIC), and the predecessor wholly-owned limited partnership (collectively,
the "Corporation").
Rand is incorporated in New York and has elected to operate as a business
develop...Read article
RAND CAPITAL CORP Files SEC form 8-K, Regulation FD Disclosure
2009-11-30 02:03:33
Quote: RAND CAPITAL CORPRequest a Trial to NEW EDGAR Online Pro
Form
8-K for
RAND CAPITAL CORP
28-Jul-2009Regulation FD DisclosurePrivacy PolicyTerms of ServiceCopyright/IP PolicySend FeedbackSEC
Filing data and information provided by EDGAR Online,
Inc.
(1-800-416-6651). All information provided "as is"
for informational purposes
only, not intended for trading purposes or advice.
Neither Yahoo! nor any of
independent providers is liable for any informational
errors, incompleteness,
or delays, or for a...Read article
RAND CAPITAL CORP Files SEC form 8-K, Results of Operations and Financial Condition
2009-11-30 02:03:32
Quote: RAND CAPITAL CORPRequest a Trial to NEW EDGAR Online Pro
Form
8-K for
RAND CAPITAL CORP
4-Nov-2009Results of Operations and Financial ConditionPrivacy PolicyTerms of ServiceCopyright/IP PolicySend FeedbackSEC
Filing data and information provided by EDGAR Online,
Inc.
(1-800-416-6651). All information provided "as is"
for informational purposes
only, not intended for trading purposes or advice.
Neither Yahoo! nor any of
independent providers is liable for any informational
errors, incompleteness,...Read article
Rand Capital Announces $250,000 Investment in Rheonix, Inc.
2009-11-30 02:03:31
Quote: (Ithaca, NY), Onondaga Venture Capital Fund, LLC (Syracuse, NY) and angel investors.
Daniel Penberthy, Executive Vice-President of Rand Capital, stated, "We have watched both Rheonix and IBI develop their technologies over the last several years, and now believe the Company is positioned with a device that will be accepted into the marketplace. The development of the Company to this stage is a credit to both the strength of its ......Read article
RAND CAPITAL CORP Files SEC form 10-Q, Quarterly Report
2009-11-30 02:03:30
Quote: New factors emerge from time to time that may cause our
business not to develop as we expect, and we cannot predict all of them.
Corporate Structure
The following discussion will describe the financial position and operations
of Rand Capital Corporation (Rand), its wholly-owned subsidiary Rand SBIC, Inc.
(Rand SBIC), and the predecessor wholly-owned limited partnership (collectively,
the "Corporation").
Rand is incorporated in New York and has elected to operate as a business
develop...Read article
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