Rand Worldwide (OTCMKTS:RWWI) Posts Quarterly Earnings Results

Rand Worldwide (OTCMKTS:RWWI) issued its earnings results on Wednesday. The technology company reported $0.60 earnings per share (EPS) for the quarter, Zacks reports. Rand Worldwide had a return on equity of 75.35% and a net margin of 26.13%.

Rand Worldwide Stock Performance

Shares of Rand Worldwide stock traded up $0.43 on Wednesday, hitting $14.31. 10,932 shares of the company traded hands, compared to its average volume of 3,633. Rand Worldwide has a 52 week low of $13.01 and a 52 week high of $18.96. The business has a 50-day simple moving average of $14.39 and a 200 day simple moving average of $14.67. The stock has a market capitalization of $480.96 million, a P/E ratio of 15.39 and a beta of 0.13.

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.