Rand Worldwide (OTCMKTS:RWWI) Shares Cross Below 200-Day Moving Average – What’s Next?

Rand Worldwide Inc. (OTCMKTS:RWWI) crossed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of $15.06 and traded as low as $14.30. Rand Worldwide shares last traded at $14.30, with a volume of 184 shares.

Rand Worldwide Stock Performance

The company has a 50-day moving average price of $14.54 and a 200-day moving average price of $15.05. The firm has a market capitalization of $468.86 million, a price-to-earnings ratio of 12.03 and a beta of 0.09.

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

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.