Rand Worldwide (OTCMKTS:RWWI) Shares Pass Below 200 Day Moving Average – Here’s Why

Rand Worldwide Inc. (OTCMKTS:RWWIGet Free Report)’s stock price crossed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of $14.93 and traded as low as $13.1480. Rand Worldwide shares last traded at $13.1480, with a volume of 2,638 shares.

Rand Worldwide Trading Up 0.8%

The firm’s fifty day moving average is $14.01 and its 200-day moving average is $14.93. The stock has a market capitalization of $441.90 million, a PE ratio of 11.33 and a beta of 0.09.

About Rand Worldwide

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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.

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