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

Rand Worldwide Inc. (OTCMKTS:RWWI)’s stock price gapped down prior to trading on Wednesday . The stock had previously closed at $15.50, but opened at $14.50. Rand Worldwide shares last traded at $15.24, with a volume of 200 shares traded.

Rand Worldwide Price Performance

The stock has a market capitalization of $507.75 million, a price-to-earnings ratio of 13.02 and a beta of 0.09. The stock’s 50 day simple moving average is $15.33 and its 200-day simple moving average is $15.09.

Rand Worldwide (OTCMKTS:RWWI) last posted its earnings results on Wednesday, April 29th. The technology company reported $999.00 EPS for the quarter. The company had revenue of $47.85 million during the quarter. Rand Worldwide had a net margin of 27.20% and a return on equity of 74.95%.

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.