Rand Worldwide (OTCMKTS:RWWI) Share Price Crosses Above 50 Day Moving Average – Time to Sell?

Shares of Rand Worldwide Inc. (OTCMKTS:RWWI) crossed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $14.63 and traded as high as $16.25. Rand Worldwide shares last traded at $16.04, with a volume of 19,526 shares.

Rand Worldwide Stock Up 3.4%

The firm has a market capitalization of $539.10 million, a PE ratio of 13.26 and a beta of 0.12. The stock has a 50-day moving average price of $14.63 and a 200 day moving average price of $14.73.

Rand Worldwide (OTCMKTS:RWWI) last announced its earnings results on Wednesday, January 28th. The technology company reported $0.60 earnings per share (EPS) for the quarter. Rand Worldwide had a return on equity of 92.21% and a net margin of 28.30%.The firm had revenue of $62.83 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.