Rand Worldwide (OTCMKTS:RWWI) Stock Crosses Above 50-Day Moving Average – Should You Sell?

Shares of Rand Worldwide Inc. (OTCMKTS:RWWI) crossed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of $14.84 and traded as high as $15.00. Rand Worldwide shares last traded at $15.00, with a volume of 6,398 shares.

Rand Worldwide Price Performance

The stock’s 50-day moving average price is $14.84 and its 200-day moving average price is $14.94. The company has a market capitalization of $504.15 million, a price-to-earnings ratio of 11.28 and a beta of 0.04. The company has a quick ratio of 0.98, a current ratio of 0.98 and a debt-to-equity ratio of 0.02.

Rand Worldwide (OTCMKTS:RWWI) last announced its earnings results on Wednesday, September 24th. The technology company reported $0.48 earnings per share (EPS) for the quarter. Rand Worldwide had a net margin of 18.60% and a return on equity of 106.88%. The company had revenue of $55.62 million for the quarter.

Rand Worldwide Announces Dividend

The business also recently announced a dividend, which was paid on Thursday, August 14th. Stockholders of record on Friday, August 8th were given a dividend of $0.25 per share. This represents a dividend yield of 333.0%. The ex-dividend date was Thursday, August 7th.

Rand Worldwide Company Profile

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.