Rand Worldwide (OTCMKTS:RWWI) Shares Pass Below Two Hundred Day Moving Average – What’s Next?

Rand Worldwide Inc. (OTCMKTS:RWWIGet Free Report) passed below its two hundred day moving average during trading on Thursday . The stock has a two hundred 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 changing hands.

Rand Worldwide Trading Down 4.7%

The stock has a market cap of $411.72 million, a P/E ratio of 10.56 and a beta of 0.09. The firm has a 50-day simple moving average of $13.74 and a two-hundred day simple moving average of $14.80.

About Rand Worldwide

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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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