Rand Worldwide (OTCMKTS:RWWI) Shares Gap Up – Here’s Why

Rand Worldwide Inc. (OTCMKTS:RWWI) shares gapped up before the market opened on Wednesday . The stock had previously closed at $15.02, but opened at $15.52. Rand Worldwide shares last traded at $15.52, with a volume of 200 shares changing hands.

Rand Worldwide Stock Up 3.3%

The stock has a market capitalization of $521.63 million, a P/E ratio of 12.83 and a beta of 0.11. The company has a fifty day moving average price of $15.47 and a 200-day moving average price of $14.95.

Rand Worldwide (OTCMKTS:RWWI) last announced its quarterly earnings results on Wednesday, January 28th. The technology company reported $0.60 EPS for the quarter. The company had revenue of $62.83 million during the quarter. Rand Worldwide had a return on equity of 92.21% and a net margin of 28.30%.

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.