Rand Worldwide (OTCMKTS:RWWI) Share Price Crosses Below Two Hundred Day Moving Average – Here’s What Happened

Rand Worldwide Inc. (OTCMKTS:RWWI) shares passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $15.03 and traded as low as $12.90. Rand Worldwide shares last traded at $13.25, with a volume of 7,642 shares traded.

Rand Worldwide Price Performance

The company’s 50-day simple moving average is $14.35 and its 200 day simple moving average is $15.02. The firm has a market cap of $443.64 million, a P/E ratio of 11.38 and a beta of 0.09.

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

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.