Rand Worldwide (OTCMKTS:RWWI) Shares Gap Up - Still a Buy?

Key Points

• Rand Worldwide Inc. (OTCMKTS:RWWI) shares experienced a gap up, opening at $16.00 after closing at $15.01, marking a potential positive market sentiment.
• The company recently declared a dividend of $0.25 per share, resulting in a substantial dividend yield of 333.0%, with a payout ratio of 18.80%.
• Rand Worldwide operates in five divisions, providing design automation and data management solutions, primarily focused on industries such as manufacturing and infrastructure.

Rand Worldwide Inc. (OTCMKTS:RWWI - Get Free Report)'s share price gapped up prior to trading on Monday . The stock had previously closed at $15.01, but opened at $16.00. Rand Worldwide shares last traded at $16.00, with a volume of 100 shares.

Rand Worldwide Stock Performance

The stock has a market capitalization of $512.55 million, a P/E ratio of 11.47 and a beta of 0.02. The company has a quick ratio of 0.98, a current ratio of 0.98 and a debt-to-equity ratio of 0.02. The business has a fifty day moving average price of $14.74 and a 200-day moving average price of $15.00.

Rand Worldwide Announces Dividend

The company also recently declared a dividend, which was paid on Thursday, August 14th. Investors of record on Friday, August 8th were paid a dividend of $0.25 per share. The ex-dividend date of this dividend was Thursday, August 7th. This represents a 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.