Rand Worldwide (OTCMKTS:RWWI) Share Price Passes Above 50 Day Moving Average – Time to Sell?

Rand Worldwide Inc. (OTCMKTS:RWWI)’s stock price passed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $14.40 and traded as high as $14.50. Rand Worldwide shares last traded at $14.50, with a volume of 6,901 shares changing hands.

Rand Worldwide Stock Performance

The business has a 50 day moving average of $14.40 and a two-hundred day moving average of $14.69. The stock has a market capitalization of $482.64 million, a PE ratio of 10.80 and a beta of 0.13.

Rand Worldwide (OTCMKTS:RWWI) last posted its earnings results on Thursday, November 20th. The technology company reported $0.21 earnings per share (EPS) for the quarter. The company had revenue of $38.24 million for the quarter. Rand Worldwide had a return on equity of 75.35% and a net margin of 26.13%.

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.