Rand Worldwide (OTCMKTS:RWWI) Sees Strong Trading Volume - What's Next?

Key Points

• Rand Worldwide Inc. experienced a dramatic increase in trading volume, with 21,738 shares traded, representing a 403% rise from the previous day's volume of 4,324 shares.
• The company recently announced a $0.25 dividend paid to investors, which signifies a substantial yield of 333.0%.
• Rand Worldwide has a market capitalization of $502.47 million and operates in various industries, providing design automation and data management solutions across the U.S. and Canada.

Rand Worldwide Inc. (OTCMKTS:RWWI - Get Free Report) shares saw unusually-strong trading volume on Tuesday . Approximately 21,738 shares traded hands during mid-day trading, an increase of 403% from the previous session's volume of 4,324 shares.The stock last traded at $15.00 and had previously closed at $15.00.

Rand Worldwide Trading Down 1.3%

The firm has a market cap of $497.43 million, a P/E ratio of 11.13 and a beta of 0.05. The business's 50-day moving average is $14.85 and its two-hundred day moving average is $15.38. The company has a debt-to-equity ratio of 0.02, a current ratio of 0.98 and a quick ratio of 0.98.

Rand Worldwide Announces Dividend

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

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.