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How to buy Rimini Street stock in Canada | $10.18

Own Rimini Street shares in just a few minutes.

Rimini Street Inc
NASDAQ: RMNI - USD
SOFTWARE-APPLICATION
$10.14
- $0.04 ( - 0.39%)

Rimini Street is a software-application business based in the US. Rimini Street stocks (RMNI.US) are listed on the NASDAQ and all prices are listed in US Dollars. Its last market close was $6.59 – an increase of 2.31% over the previous week. Rimini Street employs 1,550 staff and has a trailing 12-month revenue of around $349.9 million.

How to buy shares in Rimini Street

  1. Compare share trading platforms. Use our comparison table to help you find a platform that fits you.
  2. Open your brokerage account. Complete an application with your details.
  3. Confirm your payment details. Fund your account.
  4. Research the stock. Find the stock by name or ticker symbol – RMNI – and research it before deciding if it's a good investment for you.
  5. Purchase now or later. Buy your desired number of shares with a market order or use a limit order to delay your purchase until the stock reaches a desired price.
  6. Check in on your investment. Optimize your portfolio by tracking your stock.

Is it a good time to buy Rimini Street stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

How has Coronavirus impacted Rimini Street's stock price?

Since the stock market crash in March caused by coronavirus, Rimini Street's stock price has had significant positive movement.

Its last market close was $10.18, which is 51.87% up on its pre-crash value of $4.9 and 358.56% up on the lowest point reached during the March crash when the stocks fell as low as $2.22.

If you had bought $1,000 worth of Rimini Street stocks at the start of February 2020, those stocks would have been worth $747.53 at the bottom of the March crash, and if you held on to them, then as of the last market close they'd be worth $2,023.89.

Rimini Street stock price

Use our graph to track the performance of RMNI stocks over time.

Rimini Street shares at a glance

Information last updated 2021-10-23.
Latest market close$10.18
52-week range$3.04 - $11.04
50-day moving average $9.90
200-day moving average $8.22
Wall St. target price$11.63
PE ratio N/A
Dividend yield N/A (0%)
Earnings per share (TTM) $-0.26

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Rimini Street price performance over time

Historical closes compared with the close of $10.18 from 2021-10-25

1 week (2021-10-19) 2.31%
1 month (2021-09-24) 3.88%
3 months (2021-07-26) 22.36%
6 months (2021-04-26) 21.92%
1 year (2020-10-26) 227.33%
2 years (2019-10-25) 155.14%
3 years (2018-10-26) 46.47%
5 years (2016-10-22) N/A

Is Rimini Street under- or over-valued?

Valuing Rimini Street stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Rimini Street's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Rimini Street's PEG ratio

Rimini Street's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 1.962. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Rimini Street's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.

Rimini Street's EBITDA

Rimini Street's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $34.7 million.

The EBITDA is a measure of a Rimini Street's overall financial performance and is widely used to measure a its profitability.

Rimini Street financials

Revenue TTM $349.9 million
Operating margin TTM 9.33%
Gross profit TTM $200.6 million
Return on assets TTM 8.61%
Return on equity TTM 0%
Profit margin 3.07%
Book value $-3.86
Market capitalisation $854.2 million

TTM: trailing 12 months

Shorting Rimini Street shares

There are currently 1.9 million Rimini Street shares held short by investors – that's known as Rimini Street's "short interest". This figure is 6.9% up from 1.8 million last month.

There are a few different ways that this level of interest in shorting Rimini Street shares can be evaluated.

Rimini Street's "short interest ratio" (SIR)

Rimini Street's "short interest ratio" (SIR) is the quantity of Rimini Street shares currently shorted divided by the average quantity of Rimini Street shares traded daily (recently around 433760.36036036). Rimini Street's SIR currently stands at 4.44. In other words for every 100,000 Rimini Street shares traded daily on the market, roughly 4440 shares are currently held short.

However Rimini Street's short interest can also be evaluated against the total number of Rimini Street shares, or, against the total number of tradable Rimini Street shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Rimini Street's short interest could be expressed as 0.02% of the outstanding shares (for every 100,000 Rimini Street shares in existence, roughly 20 shares are currently held short) or 0.0517% of the tradable shares (for every 100,000 tradable Rimini Street shares, roughly 52 shares are currently held short).

Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Rimini Street.

Rimini Street share dividends

We're not expecting Rimini Street to pay a dividend over the next 12 months.

Rimini Street share price volatility

Over the last 12 months, Rimini Street's shares have ranged in value from as little as $3.04 up to $11.04. A popular way to gauge a stock's volatility is its "beta".

RMNI.US volatility(beta: 0.53)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while Rimini Street's is 0.5285. This would suggest that Rimini Street's shares are less volatile than average (for this exchange).

Rimini Street overview

Rimini Street, Inc. provides enterprise software products, services, and support for various industries. The company offers software support services for Oracle and SAP enterprise software products. It sells its solutions primarily through direct sales organizations in North America, Latin America, Europe, Africa, the Middle East, Asia, and the Asia-Pacific. Rimini Street, Inc. was founded in 2005 and is headquartered in Las Vegas, Nevada. .

Frequently asked questions

Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, CFDs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for all investors. Trading CFDs and forex on leverage comes with a higher risk of losing money rapidly. Past performance is not an indication of future results. Consider your own circumstances, and obtain your own advice, before making any trades.

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