Rand Worldwide (OTCMKTS:RWWI) Share Price Passes Above 50 Day Moving Average - Here's What Happened

Key Points

• Rand Worldwide Inc.'s stock price has crossed above its 50-day moving average of $14.87, trading at a high of $15.20 with a market capitalization of $510.87 million.
• The company recently declared a dividend of $0.25 per share, yielding 333.0%, with shareholders of record being paid on August 14th.
• Rand Worldwide operates primarily in the design automation and data management sector, providing solutions through its various divisions in the United States and Canada.

Rand Worldwide Inc. (OTCMKTS:RWWI - Get Free Report)'s stock price crossed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $14.87 and traded as high as $15.20. Rand Worldwide shares last traded at $15.20, with a volume of 2,040 shares traded.

Rand Worldwide Price Performance

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 company's fifty day moving average price is $14.87 and its 200 day moving average price is $15.25. The company has a market capitalization of $479.95 million, a P/E ratio of 10.74 and a beta of 0.02.

Rand Worldwide Announces Dividend

The business 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 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.