Rand Worldwide (OTCMKTS:RWWI) Shares Gap Up – Should You Buy?

Rand Worldwide Inc. (OTCMKTS:RWWI)’s stock price gapped up before the market opened on Thursday . The stock had previously closed at $14.00, but opened at $15.12. Rand Worldwide shares last traded at $15.00, with a volume of 5,292 shares.

Rand Worldwide Stock Performance

The firm’s 50-day moving average price is $15.24 and its 200 day moving average price is $15.09. The company has a market cap of $512.54 million, a price-to-earnings ratio of 13.15 and a beta of 0.09.

Rand Worldwide (OTCMKTS:RWWI) last issued its quarterly earnings data on Wednesday, April 29th. The technology company reported $999.00 earnings per share (EPS) for the quarter. The firm had revenue of $47.85 million during the quarter. Rand Worldwide had a net margin of 27.20% and a return on equity of 74.95%.

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.