Rand Worldwide (OTCMKTS:RWWI) Stock Crosses Below Fifty Day Moving Average - Here's What Happened

Key Points

• Shares of Rand Worldwide Inc. fell below its 50-day moving average of $14.82, trading as low as $14.50.
• The company announced a dividend of $0.25 per share, with a significant yield of 333.0% for shareholders of record.
• Rand Worldwide has a market capitalization of approximately $487.35 million and a low debt-to-equity ratio of 0.02.

Rand Worldwide Inc. (OTCMKTS:RWWI - Get Free Report)'s share price crossed below its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $14.82 and traded as low as $14.50. Rand Worldwide shares last traded at $14.50, with a volume of 27,965 shares.

Rand Worldwide Stock Performance

The firm has a fifty day moving average price of $14.83 and a 200 day moving average price of $15.52. The company has a debt-to-equity ratio of 0.02, a quick ratio of 0.98 and a current ratio of 0.98. The stock has a market cap of $504.15 million, a PE ratio of 11.28 and a beta of 0.05.

Rand Worldwide Dividend Announcement

The company also recently declared a dividend, which was paid on Thursday, August 14th. Shareholders of record on Friday, August 8th were paid a dividend of $0.25 per share. This represents a 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.