Rand Worldwide (OTCMKTS:RWWI) Shares Gap Up – Here’s Why

Rand Worldwide Inc. (OTCMKTS:RWWI)’s share price gapped up before the market opened on Monday . The stock had previously closed at $14.00, but opened at $15.00. Rand Worldwide shares last traded at $15.00, with a volume of 200 shares changing hands.

Rand Worldwide Stock Down 1.8%

The company has a market cap of $503.48 million, a P/E ratio of 12.91 and a beta of 0.09. The business has a fifty day simple moving average of $14.74 and a two-hundred day simple moving average of $15.04.

Rand Worldwide (OTCMKTS:RWWI) last released its quarterly earnings results on Wednesday, April 29th. The technology company reported $0.35 EPS for the quarter. The firm had revenue of $47.85 million during the quarter. Rand Worldwide had a net margin of 27.20% and a return on equity of 70.93%.

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.