Rand Worldwide (OTCMKTS:RWWI) Stock Price Passes Below 200 Day Moving Average – Here’s What Happened

Shares of Rand Worldwide Inc. (OTCMKTS:RWWIGet Free Report) passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $14.81 and traded as low as $12.85. Rand Worldwide shares last traded at $12.85, with a volume of 412 shares trading hands.

Rand Worldwide Stock Performance

The stock has a market capitalization of $431.89 million, a P/E ratio of 11.08 and a beta of 0.09. The company’s 50-day moving average price is $13.77 and its 200 day moving average price is $14.81.

Rand Worldwide Company Profile

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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.

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