Rand Worldwide (OTCMKTS:RWWI) Hits New 12-Month Low – Here’s Why

Shares of Rand Worldwide Inc. (OTCMKTS:RWWI) reached a new 52-week low on Wednesday . The company traded as low as $13.01 and last traded at $14.97, with a volume of 13462 shares changing hands. The stock had previously closed at $13.8775.

Rand Worldwide Trading Down 1.3%

The firm’s 50-day moving average price is $14.49 and its 200-day moving average price is $14.70. The stock has a market capitalization of $531.04 million, a PE ratio of 16.99 and a beta of 0.13.

Rand Worldwide (OTCMKTS:RWWI) last issued its quarterly earnings results on Wednesday, January 28th. The technology company reported $0.60 earnings per share (EPS) for the quarter. The company had revenue of $62.83 million during the quarter. Rand Worldwide had a return on equity of 92.21% and a net margin of 28.30%.

Rand Worldwide Company Profile

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.