Rand Worldwide (OTCMKTS:RWWI) Trading Up 8.9% – Should You Buy?

Rand Worldwide Inc. (OTCMKTS:RWWI) shares rose 8.9% during trading on Thursday . The stock traded as high as $15.25 and last traded at $15.25. Approximately 1,265 shares changed hands during trading, a decline of 87% from the average session volume of 9,678 shares. The stock had previously closed at $14.00.

Rand Worldwide Stock Performance

The business has a fifty day simple moving average of $14.74 and a two-hundred day simple moving average of $15.04. The company has a market cap of $512.55 million, a PE ratio of 13.15 and a beta of 0.09.

Rand Worldwide (OTCMKTS:RWWI) last posted its quarterly earnings results on Wednesday, April 29th. The technology company reported $0.35 earnings per share for the quarter. The firm had revenue of $47.85 million for the quarter. Rand Worldwide had a net margin of 27.20% and a return on equity of 70.93%.

Rand Worldwide Company Profile

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.