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Rand Worldwide (OTCMKTS:RWWI) Shares Cross Above Fifty Day Moving Average - Time to Sell?

Rand Worldwide logo with Computer and Technology background

Key Points

  • Rand Worldwide Inc.'s shares have recently crossed above their 50-day moving average, indicating potential momentum, with the stock currently trading at $15.00.
  • The company reported a quarterly earnings per share of $0.48 and a revenue of $55.62 million, demonstrating solid financial performance.
  • Shareholders received a $0.25 per share dividend, representing a significant yield of 333.0%, further highlighting the company's commitment to returning value to investors.
  • Five stocks to consider instead of Rand Worldwide.

Rand Worldwide Inc. (OTCMKTS:RWWI - Get Free Report)'s share price crossed above its 50 day moving average during trading on Friday . The stock has a 50 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 company has a debt-to-equity ratio of 0.02, a current ratio of 0.98 and a quick ratio of 0.98. The stock has a market capitalization of $504.15 million, a P/E ratio of 11.28 and a beta of 0.04. The company's 50 day simple moving average is $14.84 and its two-hundred day simple moving average is $14.94.

Rand Worldwide (OTCMKTS:RWWI - Get Free Report) last issued its quarterly earnings data on Wednesday, September 24th. The technology company reported $0.48 earnings per share for the quarter. The firm had revenue of $55.62 million for the quarter. Rand Worldwide had a net margin of 18.60% and a return on equity of 106.88%.

Rand Worldwide Announces Dividend

The company also recently disclosed 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 of this dividend was Thursday, August 7th.

Rand Worldwide Company Profile

(Get Free Report)

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.

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