Rand Worldwide (OTCMKTS:RWWI) Shares Gap Down - Here's Why

Key Points

• Rand Worldwide's stock price gapped down from $15.75 to $15.00 prior to trading, marking a 4.8% decline.
• The company reported $0.48 earnings per share for the last quarter, with total revenues of $55.62 million and a return on equity of 106.88%.
• Rand Worldwide announced a dividend of $0.25 per share, which represents a significant yield of 333.0%.

Rand Worldwide Inc. (OTCMKTS:RWWI - Get Free Report)'s stock price gapped down prior to trading on Thursday . The stock had previously closed at $15.75, but opened at $15.00. Rand Worldwide shares last traded at $15.00, with a volume of 600 shares trading hands.

Rand Worldwide Stock Down 4.8%

The business has a 50-day simple moving average of $14.84 and a two-hundred day simple moving average of $14.99. 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 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 - Get Free Report) last announced its quarterly earnings results 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 return on equity of 106.88% and a net margin of 18.60%.

Rand Worldwide Announces Dividend

The firm also recently announced a dividend, which was paid on Thursday, August 14th. Stockholders of record on Friday, August 8th were issued 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.

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