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

Rand Worldwide Inc. (OTCMKTS:RWWI) passed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $14.90 and traded as low as $14.20. Rand Worldwide shares last traded at $14.78, with a volume of 3,446 shares traded.

Rand Worldwide Stock Performance

The company has a current ratio of 0.98, a quick ratio of 0.98 and a debt-to-equity ratio of 0.02. The firm’s fifty day moving average price is $14.83 and its two-hundred day moving average price is $14.90. The stock has a market capitalization of $496.74 million, a PE ratio of 11.11 and a beta of 0.05.

Rand Worldwide (OTCMKTS:RWWI) last released its quarterly earnings results on Wednesday, September 24th. The technology company reported $0.48 EPS for the quarter. Rand Worldwide had a net margin of 18.60% and a return on equity of 106.88%. The company had revenue of $55.62 million for the quarter.

Rand Worldwide Company Profile

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.