Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
Rimini Street Inc (NASDAQ: RMNI) closed the day trading at $3.21 up 9.18% from the previous closing price of $2.94. In other words, the price has increased by $9.18 from its previous closing price. On the day, 0.54 million shares were traded.
Ratios:
For a better understanding of RMNI, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.74 and its Current Ratio is at 0.74.
On December 17, 2024, Craig Hallum Upgraded its rating to Buy which previously was Hold but kept the price unchanged to $6.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on May 06 ’25 when Perica Michael L. sold 28,319 shares for $3.28 per share. The transaction valued at 93,028 led to the insider holds 237,361 shares of the business.
Lyskawa Nancy sold 6,120 shares of RMNI for $20,103 on May 06 ’25. The EVP & Chief Client Officer now owns 167,663 shares after completing the transaction at $3.28 per share. On May 06 ’25, another insider, Maddock Kevin, who serves as the EVP,ChiefRecurringRev.Officer of the company, sold 7,620 shares for $3.28 each. As a result, the insider received 25,030 and left with 143,538 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 0.69.
Stock Price History:
Over the past 52 weeks, RMNI has reached a high of $4.14, while it has fallen to a 52-week low of $1.53. The 50-Day Moving Average of the stock is -4.45%, while the 200-Day Moving Average is calculated to be 21.29%.
Shares Statistics:
A total of 91.35M shares are outstanding, with a floating share count of 47.49M. Insiders hold about 48.26% of the company’s shares, while institutions hold 38.52% stake in the company.
