Rand Worldwide (OTCMKTS:RWWI) Stock Passes Above 50-Day Moving Average – What’s Next?

Rand Worldwide Inc. (OTCMKTS:RWWI) crossed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $14.40 and traded as high as $14.50. Rand Worldwide shares last traded at $14.50, with a volume of 6,901 shares changing hands.

Rand Worldwide Stock Performance

The firm has a market cap of $487.35 million, a price-to-earnings ratio of 15.59 and a beta of 0.13. The business has a fifty day simple moving average of $14.40 and a 200-day simple moving average of $14.69.

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

About Rand Worldwide

Rand Worldwide (OTCMKTS:RWWI) is a provider of software and professional services for the architecture, engineering and manufacturing markets. The company partners with leading application vendors to offer design software solutions—such as computer-aided design (CAD), building information modeling (BIM) and product lifecycle management (PLM)—and augments those offerings with technical consulting, implementation support, custom application development and training.

The company’s portfolio includes specialized engineering software for power system analysis, data management and collaboration tools, and industry-specific design applications.