Rand Worldwide (OTCMKTS:RWWI) Shares Cross Above Fifty Day Moving Average – Should You Sell?

Rand Worldwide Inc. (OTCMKTS:RWWI) shares crossed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $14.73 and traded as high as $15.00. Rand Worldwide shares last traded at $14.75, with a volume of 5,410 shares traded.

Rand Worldwide Stock Down 1.7%

The stock has a market capitalization of $487.35 million, a price-to-earnings ratio of 15.59 and a beta of 0.14. The business’s 50-day moving average is $14.72 and its two-hundred day moving average is $14.79.

Rand Worldwide (OTCMKTS:RWWI) last issued its earnings results on Thursday, November 20th. The technology company reported $0.21 earnings per share for the quarter. Rand Worldwide had a return on equity of 75.35% and a net margin of 26.13%.The business had revenue of $38.24 million for the quarter.

Rand Worldwide Company Profile

Rand Worldwide, Inc provides design automation and data management solutions primarily in the United States and Canada. It operates in five divisions: IMAGINiT Technologies, Rand Simulation, Facilities Management, ASCENT, and Rand 3D. The IMAGINiT Technologies division resells Autodesk solutions and system integration, and consulting services to customers in the manufacturing, infrastructure, building, and media and entertainment industries; resells Twinmotion visualization software, which provides design professionals to transform architectural models and designs into photorealistic images and immersive videos; offers a range of 3D laser scanning equipment and related software to help architectural, engineering, and construction firms; and sells its own proprietary software products and related services.