Rand Worldwide (OTCMKTS:RWWI) Sees Large Volume Increase – Time to Buy?

Rand Worldwide Inc. (OTCMKTS:RWWI) shares saw unusually-high trading volume on Thursday . Approximately 16,364 shares traded hands during trading, an increase of 79% from the previous session’s volume of 9,137 shares.The stock last traded at $16.61 and had previously closed at $16.00.

Rand Worldwide Stock Down 2.8%

The company’s 50 day moving average is $14.43 and its 200-day moving average is $14.68. The firm has a market capitalization of $522.64 million, a P/E ratio of 16.72 and a beta of 0.13.

Rand Worldwide (OTCMKTS:RWWI) last released its quarterly earnings data on Wednesday, January 28th. The technology company reported $0.60 EPS for the quarter. Rand Worldwide had a return on equity of 75.35% and a net margin of 26.13%.The firm had revenue of $62.83 million during the quarter.

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.