Rand Worldwide (OTCMKTS:RWWI) Stock Crosses Above Fifty Day Moving Average – What’s Next?

Shares of Rand Worldwide, Inc. (OTCMKTS:RWWI) passed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $15.71 and traded as high as $16.00. Rand Worldwide shares last traded at $16.00, with a volume of 11,320 shares trading hands.

Rand Worldwide Stock Down 0.6 %

The stock has a 50-day moving average price of $15.71 and a 200-day moving average price of $18.41. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.00 and a quick ratio of 1.00. The company has a market capitalization of $537.49 million, a P/E ratio of 11.11 and a beta of 0.08.

Rand Worldwide (OTCMKTS:RWWI) last released its quarterly earnings results on Wednesday, January 29th. The technology company reported $0.32 earnings per share (EPS) for the quarter. Rand Worldwide had a net margin of 15.31% and a return on equity of 122.04%.

Rand Worldwide Announces Dividend

The company also recently declared a dividend, which was paid on Monday, March 3rd. Shareholders of record on Monday, February 24th were given a dividend of $0.25 per share. The ex-dividend date of this dividend was Monday, February 24th. Rand Worldwide’s dividend payout ratio (DPR) is currently 17.36%.

About Rand Worldwide

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.