Rand Worldwide (OTCMKTS:RWWI) Shares Up 8.9% – Time to Buy?

Rand Worldwide Inc. (OTCMKTS:RWWI) traded up 8.9% on Thursday . The company traded as high as $15.25 and last traded at $15.25. 1,265 shares were traded during trading, a decline of 87% from the average session volume of 9,678 shares. The stock had previously closed at $14.00.

Rand Worldwide Price Performance

The company has a market capitalization of $512.54 million, a price-to-earnings ratio of 13.15 and a beta of 0.09. The firm’s fifty day moving average price is $14.76 and its 200-day moving average price is $15.03.

Rand Worldwide (OTCMKTS:RWWI) last released its quarterly earnings data on Wednesday, April 29th. The technology company reported $999.00 earnings per share for the quarter. The company had revenue of $47.85 million for the quarter. Rand Worldwide had a return on equity of 70.93% and a net margin of 27.20%.

About Rand Worldwide

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.