RMNI has 36-month beta value of 1.32. Analysts have mixed views on the stock, with 1 analysts rating it as a “buy,” 1 as “overweight,” 2 as “hold,” and 0 as “sell.”
The public float for RMNI is 47.34M, and currently, short sellers hold a 1.72% ratio of that float. The average trading volume of RMNI on February 26, 2025 was 335.45K shares.
RMNI) stock’s latest price update
The stock of Rimini Street Inc (NASDAQ: RMNI) has increased by 8.22 when compared to last closing price of 3.04. Despite this, the company has experienced a -6.00% fall in its stock price over the last five trading sessions. businesswire.com reported 2025-02-06 that LAS VEGAS–(BUSINESS WIRE)–Rimini Street, Inc. (Nasdaq: RMNI), a global provider of end-to-end enterprise software support and innovation solutions, the leading third-party support provider for Oracle, SAP and VMware software, today announced a $100,000 RMNI LOVE Charitable Grant Giveaway, commemorating the 10th anniversary of its self-funded philanthropic program, the Rimini Street Foundation. Registered charities in select cities across the globe, where a concentrated number of Rimini Street.
RMNI’s Market Performance
Rimini Street Inc (RMNI) has seen a -6.00% fall in stock performance for the week, with a 14.24% gain in the past month and a 70.47% surge in the past quarter. The volatility ratio for the week is 8.13%, and the volatility levels for the past 30 days are at 6.35% for RMNI. The simple moving average for the past 20 days is 6.97% for RMNI’s stock, with a 38.86% simple moving average for the past 200 days.
Analysts’ Opinion of RMNI
Many brokerage firms have already submitted their reports for RMNI stocks, with Craig Hallum repeating the rating for RMNI by listing it as a “Buy.” The predicted price for RMNI in the upcoming period, according to Craig Hallum is $6 based on the research report published on December 17, 2024 of the previous year 2024.
Craig Hallum gave a rating of “Hold” to RMNI, setting the target price at $3 in the report published on July 27th of the previous year.
RMNI Trading at 16.14% from the 50-Day Moving Average
After a stumble in the market that brought RMNI to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -12.27% of loss for the given period.
Volatility was left at 6.35%, however, over the last 30 days, the volatility rate increased by 8.13%, as shares surge +11.82% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +57.62% upper at present.
During the last 5 trading sessions, RMNI fell by -5.43%, which changed the moving average for the period of 200-days by +37.34% in comparison to the 20-day moving average, which settled at $3.08. In addition, Rimini Street Inc saw 23.22% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at RMNI starting from Rowe David W., who sale 3,512 shares at the price of $2.79 back on Feb 03 ’25. After this action, Rowe David W. now owns 390,763 shares of Rimini Street Inc, valued at $9,791 using the latest closing price.
Lyskawa Nancy, the EVP & Chief Client Officer of Rimini Street Inc, sale 4,710 shares at $2.79 during a trade that took place back on Feb 03 ’25, which means that Lyskawa Nancy is holding 133,295 shares at $13,131 based on the most recent closing price.
Stock Fundamentals for RMNI
Current profitability levels for the company are sitting at:
- -0.05 for the present operating margin
- 0.6 for the gross margin
The net margin for Rimini Street Inc stands at -0.08. The total capital return value is set at -1.1.
Based on Rimini Street Inc (RMNI), the company’s capital structure generated 14.12 points at debt to capital in total, while cash flow to debt ratio is standing at -0.03. The debt to equity ratio resting at -1.08. The interest coverage ratio of the stock is -3.53.
Currently, EBITDA for the company is 50.42 million with net debt to EBITDA at 1.33. When we switch over and look at the enterprise to sales, we see a ratio of 0.61. The receivables turnover for the company is 6.37for trailing twelve months and the total asset turnover is 1.24. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.66.
Conclusion
To put it simply, Rimini Street Inc (RMNI) has had a better performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
