Rimini Street Stock Price History

RMNI Stock  USD 3.16  0.03  0.94%   
Below is the normalized historical share price chart for Rimini Street extending back to August 28, 2015. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Rimini Street stands at 3.16, as last reported on the 28th of March, with the highest price reaching 3.22 and the lowest price hitting 3.16 during the day.
IPO Date
28th of August 2015
200 Day MA
3.0963
50 Day MA
3.1734
Beta
1.229
 
Yuan Drop
 
Covid
If you're considering investing in Rimini Stock, it is important to understand the factors that can impact its price. Rimini Street maintains Sharpe Ratio (i.e., Efficiency) of -0.0048, which implies the firm had a -0.0048% return per unit of risk over the last 3 months. Rimini Street exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Rimini Street's Coefficient Of Variation of 7876.09, risk adjusted performance of 0.0151, and Semi Deviation of 2.97 to confirm the risk estimate we provide.
  
The current Common Stock Shares Outstanding is estimated to decrease to about 62.7 M. The current Total Stockholder Equity is estimated to decrease to about (41.5 M). As of now, Rimini Street's Price Earnings Ratio is decreasing as compared to previous years. The Rimini Street's current Price To Free Cash Flows Ratio is estimated to increase to 58.20, while Price To Sales Ratio is projected to decrease to 0.64. Rimini Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0048

Best PortfolioBest Equity
Good Returns
Average Returns
Small Returns
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative ReturnsRMNI

Estimated Market Risk

 2.9
  actual daily
25
75% of assets are more volatile

Expected Return

 -0.01
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 0.0
  actual daily
0
Most of other assets perform better
Based on monthly moving average Rimini Street is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Rimini Street by adding Rimini Street to a well-diversified portfolio.
Enterprise Value Ebitda
4.4536
Price Sales
0.6583
Shares Float
40.1 M
Wall Street Target Price
4.25
Earnings Share
0.29

Rimini Street Stock Price History Chart

There are several ways to analyze Rimini Stock price data. The simplest method is using a basic Rimini candlestick price chart, which shows Rimini Street price history and the buying and selling dynamics of a specified period. Many traders also use subjective judgment to their trading calls, avoiding the need to trade based on technical analysis.
Highest PriceJanuary 29, 20243.42
Lowest PriceMarch 4, 20242.86

Rimini Street March 28, 2024 Stock Price Synopsis

Various analyses of Rimini Street's daily price changes, such as its Balance Of Power or Price Action, are crucial when deciding whether to buy, hold, or sell Rimini Stock. It can be used to describe the percentage change in the price of Rimini Street from one trading day to the next and could be a valuable metric for traders and investors to gauge the volatility and momentum of Rimini Stock.
Rimini Street Accumulation Distribution 4,544 
Rimini Street Price Action Indicator(0.04)
Rimini Street Price Daily Balance Of Power(0.50)
Rimini Street Price Rate Of Daily Change 0.99 

Rimini Street March 28, 2024 Stock Price Analysis

When benchmark price declines in a down market, there may be an uptick in Rimini Stock price where buyers come in believing the asset is cheap or selling overdone. The opposite is true when the market is bullish. You can use Rimini Street intraday prices and daily technical indicators to check the level of noise trading in Rimini Stock and then apply it to test your longer-term investment strategies against Rimini.

Rimini Stock Price History Data

The price series of Rimini Street for the period between Fri, Dec 29, 2023 and Thu, Mar 28, 2024 has a statistical range of 0.56 with a coefficient of variation of 3.79. The price distribution for the period has arithmetic mean of 3.21. The median price for the last 90 days is 3.22.
OpenHighLowCloseVolume
03/27/2024 3.20  3.22  3.16  3.16  243,861 
03/26/2024 3.20  3.24  3.18  3.19  137,900 
03/25/2024 3.13  3.21  3.13  3.17  180,151 
03/22/2024 3.16  3.20  3.13  3.15  213,186 
03/21/2024 3.23  3.29  3.18  3.19  231,342 
03/20/2024 3.12  3.28  3.12  3.28  214,657 
03/19/2024 3.15  3.17  3.13  3.14  191,082 
03/18/2024 3.14  3.18  3.13  3.14  177,163 
03/15/2024 3.14  3.21  3.11  3.15  468,052 
03/14/2024 3.20  3.23  3.14  3.17  251,339 
03/13/2024 3.22  3.25  3.18  3.20  156,923 
03/12/2024 3.17  3.26  3.12  3.22  246,612 
03/11/2024 3.08  3.16  3.06  3.12  241,379 
03/08/2024 3.08  3.19  3.07  3.08  234,841 
03/07/2024 2.95  3.09  2.93  3.04  221,351 
03/06/2024 2.90  2.95  2.86  2.92  164,627 
03/05/2024 2.91  2.95  2.80  2.88  198,643 
03/04/2024 3.20  3.20  2.85  2.86  540,445 
03/01/2024 3.26  3.27  3.20  3.20  215,620 
02/29/2024 3.19  3.33  3.16  3.23  451,709 
02/28/2024 3.07  3.16  3.03  3.10  295,326 
02/27/2024 3.20  3.21  3.07  3.07  196,166 
02/26/2024 3.06  3.20  3.01  3.16  283,524 
02/23/2024 2.99  3.10  2.95  3.08  145,178 
02/22/2024 3.03  3.11  2.94  2.98  276,576 
02/21/2024 3.08  3.10  2.97  3.01  189,749 
02/20/2024 3.18  3.20  3.09  3.09  189,324 
02/16/2024 3.29  3.29  3.20  3.21  153,290 
02/15/2024 3.15  3.31  3.15  3.30  208,814 
02/14/2024 3.07  3.21  3.03  3.19  256,685 
02/13/2024 3.23  3.23  2.98  3.02  350,532 
02/12/2024 3.24  3.36  3.24  3.32  240,762 
02/09/2024 3.17  3.27  3.17  3.25  194,384 
02/08/2024 3.14  3.19  3.11  3.14  169,325 
02/07/2024 3.17  3.20  3.11  3.13  271,759 
02/06/2024 3.19  3.23  3.16  3.17  214,987 
02/05/2024 3.22  3.27  3.17  3.19  209,529 
02/02/2024 3.25  3.31  3.23  3.27  238,248 
02/01/2024 3.33  3.40  3.26  3.29  212,451 
01/31/2024 3.31  3.37  3.28  3.28  421,201 
01/30/2024 3.41  3.41  3.34  3.34  280,614 
01/29/2024 3.32  3.43  3.28  3.42  323,362 
01/26/2024 3.36  3.41  3.31  3.32  233,254 
01/25/2024 3.33  3.36  3.29  3.33  262,072 
01/24/2024 3.36  3.38  3.27  3.27  204,200 
01/23/2024 3.32  3.41  3.32  3.35  223,001 
01/22/2024 3.18  3.34  3.17  3.34  344,019 
01/19/2024 3.20  3.23  3.15  3.17  294,944 
01/18/2024 3.16  3.24  3.15  3.23  241,474 
01/17/2024 3.17  3.18  3.12  3.16  419,981 
01/16/2024 3.23  3.28  3.17  3.24  337,983 
01/12/2024 3.34  3.34  3.18  3.23  500,360 
01/11/2024 3.28  3.30  3.21  3.27  384,100 
01/10/2024 3.28  3.32  3.22  3.28  241,958 
01/09/2024 3.36  3.36  3.24  3.28  218,777 
01/08/2024 3.33  3.43  3.30  3.39  279,452 
01/05/2024 3.37  3.41  3.30  3.30  380,791 
01/04/2024 3.30  3.39  3.27  3.36  304,637 
01/03/2024 3.30  3.34  3.23  3.28  294,945 
01/02/2024 3.22  3.42  3.16  3.31  395,809 
12/29/2023 3.27  3.33  3.26  3.27  169,718 

About Rimini Street Stock history

Rimini Street investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Rimini is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Rimini Street will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Rimini Street stock prices may prove useful in developing a viable investing in Rimini Street
Last ReportedProjected for 2024
Common Stock Shares Outstanding89.5 M62.7 M
Net Loss-2.9 M-3 M

Rimini Street Stock Technical Analysis

Rimini Street technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Rimini Street technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Rimini Street trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Did you try this?

Run Portfolio Holdings Now

   

Portfolio Holdings

Check your current holdings and cash postion to detemine if your portfolio needs rebalancing
All  Next Launch Module

Rimini Street Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Rimini Street's price direction in advance. Along with the technical and fundamental analysis of Rimini Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Rimini to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
When determining whether Rimini Street offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Rimini Street's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Rimini Street Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Rimini Street Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Rimini Street. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
For more detail on how to invest in Rimini Stock please use our How to Invest in Rimini Street guide.
You can also try the ETF Categories module to list of ETF categories grouped based on various criteria, such as the investment strategy or type of investments.

Complementary Tools for Rimini Stock analysis

When running Rimini Street's price analysis, check to measure Rimini Street's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Rimini Street is operating at the current time. Most of Rimini Street's value examination focuses on studying past and present price action to predict the probability of Rimini Street's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Rimini Street's price. Additionally, you may evaluate how the addition of Rimini Street to your portfolios can decrease your overall portfolio volatility.
Idea Breakdown
Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes
Transaction History
View history of all your transactions and understand their impact on performance
Insider Screener
Find insiders across different sectors to evaluate their impact on performance
Risk-Return Analysis
View associations between returns expected from investment and the risk you assume
Portfolio Analyzer
Portfolio analysis module that provides access to portfolio diagnostics and optimization engine
Sectors
List of equity sectors categorizing publicly traded companies based on their primary business activities
Is Rimini Street's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Rimini Street. If investors know Rimini will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Rimini Street listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
37.998
Earnings Share
0.29
Revenue Per Share
4.844
Quarterly Revenue Growth
0.032
Return On Assets
0.0854
The market value of Rimini Street is measured differently than its book value, which is the value of Rimini that is recorded on the company's balance sheet. Investors also form their own opinion of Rimini Street's value that differs from its market value or its book value, called intrinsic value, which is Rimini Street's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Rimini Street's market value can be influenced by many factors that don't directly affect Rimini Street's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Rimini Street's value and its price as these two are different measures arrived at by different means. Investors typically determine if Rimini Street is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Rimini Street's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.