Rand Worldwide (OTCMKTS:RWWI) Shares Gap Up – Here’s Why

Rand Worldwide Inc. (OTCMKTS:RWWI) shares gapped up prior to trading on Monday . The stock had previously closed at $15.13, but opened at $16.55. Rand Worldwide shares last traded at $15.50, with a volume of 250 shares traded.

Rand Worldwide Trading Up 2.4%

The stock has a market cap of $520.94 million, a P/E ratio of 13.36 and a beta of 0.09. The firm’s fifty day moving average is $15.44 and its 200 day moving average is $15.09.

Rand Worldwide (OTCMKTS:RWWI) last announced its earnings results on Wednesday, April 29th. The technology company reported $999.00 EPS for the quarter. The firm had revenue of $47.85 million for the quarter. Rand Worldwide had a net margin of 27.20% and a return on equity of 74.95%.

About Rand Worldwide

Rand Worldwide (OTCMKTS:RWWI) is a provider of software and professional services for the architecture, engineering and manufacturing markets. The company partners with leading application vendors to offer design software solutions—such as computer-aided design (CAD), building information modeling (BIM) and product lifecycle management (PLM)—and augments those offerings with technical consulting, implementation support, custom application development and training.

The company’s portfolio includes specialized engineering software for power system analysis, data management and collaboration tools, and industry-specific design applications.