In the quest to outshine the broader market, stock pickers diligently seek out stocks with the potential for superior performance. Making the right choices can significantly elevate your wealth.
In the latest session, Rimini Street Inc (NASDAQ: RMNI) closed at $4.17 up 8.31% from its previous closing price of $3.85. In other words, the price has increased by $8.31 from its previous closing price. On the day, 0.24 million shares were traded. RMNI stock price reached its highest trading level at $4.2 during the session, while it also had its lowest trading level at $3.86.
Ratios:
For a deeper understanding of Rimini Street Inc’s stock, let’s take a closer look at its various 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:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. 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:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, RMNI now has a Market Capitalization of 382743456 and an Enterprise Value of 318899456. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.90. Its current Enterprise Value per Revenue stands at 0.748 whereas that against EBITDA is 6.74.
Stock Price History:
The Beta on a monthly basis for RMNI is 1.33, which has changed by 0.5 over the last 52 weeks, in comparison to a change of 0.12792087 over the same period for the S&P500. 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 22.96%, while the 200-Day Moving Average is calculated to be 47.76%.
Shares Statistics:
For the past three months, RMNI has traded an average of 291.53K shares per day and 423220 over the past ten days. A total of 91.35M shares are outstanding, with a floating share count of 46.91M. Insiders hold about 48.89% of the company’s shares, while institutions hold 38.49% stake in the company. Shares short for RMNI as of 1749772800 were 651883 with a Short Ratio of 2.24, compared to 1747267200 on 684616. Therefore, it implies a Short% of Shares Outstanding of 651883 and a Short% of Float of 1.23000005.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
