Rand Worldwide (OTCMKTS:RWWI) Sees Strong Trading Volume – Still a Buy?

Shares of Rand Worldwide Inc. (OTCMKTS:RWWI) saw unusually-strong trading volume on Thursday . Approximately 16,364 shares changed hands during trading, an increase of 79% from the previous session’s volume of 9,137 shares.The stock last traded at $16.61 and had previously closed at $16.00.

Rand Worldwide Price Performance

The firm has a market cap of $522.64 million, a PE ratio of 16.72 and a beta of 0.13. The business’s fifty day moving average is $14.43 and its 200-day moving average is $14.68.

Rand Worldwide (OTCMKTS:RWWI) last issued its earnings results on Wednesday, January 28th. The technology company reported $0.60 earnings per share for the quarter. Rand Worldwide had a net margin of 26.13% and a return on equity of 75.35%. The firm had revenue of $62.83 million during 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.