Rand Worldwide (OTCMKTS:RWWI) Shares Cross Below Two Hundred Day Moving Average – What’s Next?

Rand Worldwide Inc. (OTCMKTS:RWWI) passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $15.03 and traded as low as $12.90. Rand Worldwide shares last traded at $13.25, with a volume of 7,642 shares trading hands.

Rand Worldwide Trading Up 1.0%

The firm has a market capitalization of $445.33 million, a PE ratio of 11.42 and a beta of 0.09. The business’s 50 day simple moving average is $14.38 and its two-hundred day simple moving average is $15.03.

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

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.