Rand Worldwide (OTCMKTS:RWWI) Stock Price Crosses Below 200 Day Moving Average – Here’s Why

Shares of Rand Worldwide, Inc. (OTCMKTS:RWWI) passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $19.80 and traded as low as $17.85. Rand Worldwide shares last traded at $17.85, with a volume of 934 shares traded.

Rand Worldwide Stock Down 0.8 %

The company’s fifty day moving average is $19.11 and its 200-day moving average is $19.79. The company has a market cap of $599.58 million, a PE ratio of 12.40 and a beta of 0.11. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 0.14.

Rand Worldwide (OTCMKTS:RWWI) last issued its quarterly earnings results on Wednesday, January 29th. The technology company reported $0.32 earnings per share for the quarter. Rand Worldwide had a net margin of 15.31% and a return on equity of 122.04%.

Rand Worldwide Announces Dividend

The company also recently disclosed a dividend, which will be paid on Monday, March 3rd. Stockholders of record on Monday, February 24th will be given a dividend of $0.25 per share. The ex-dividend date is Monday, February 24th.

About Rand Worldwide

Rand Worldwide, Inc provides design automation and data management solutions primarily in the United States and Canada. It operates in five divisions: IMAGINiT Technologies, Rand Simulation, Facilities Management, ASCENT, and Rand 3D. The IMAGINiT Technologies division resells Autodesk solutions and system integration, and consulting services to customers in the manufacturing, infrastructure, building, and media and entertainment industries; resells Twinmotion visualization software, which provides design professionals to transform architectural models and designs into photorealistic images and immersive videos; offers a range of 3D laser scanning equipment and related software to help architectural, engineering, and construction firms; and sells its own proprietary software products and related services.