Finder is committed to editorial independence. While we receive compensation when you click links to partners, they do not influence our content.
How to buy Rimini Street stock in Canada | $10.18
Own Rimini Street shares in just a few minutes.
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
- Compare share trading platforms. Use our comparison table to help you find a platform that fits you.
- Open your brokerage account. Complete an application with your details.
- Confirm your payment details. Fund your account.
- 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.
- 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.
- 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.
What's in this guide?
- Can I buy shares in Rimini Street?
- Has coronavirus impacted Rimini Street shares?
- Rimini Street shares summary
- Compare share dealing platforms
- Is Rimini Street stock a buy or sell?
- Rimini Street performance over time
- Can I short Rimini Street shares?
- Are Rimini Street shares over-valued?
- Rimini Street's financials
- How volatile are Rimini Street shares?
- Does Rimini Street pay a dividend?
- Other common questions
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 priceUse our graph to track the performance of RMNI stocks over time.
Rimini Street shares at a glance
|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||$11.63|
|Dividend yield||N/A (0%)|
|Earnings per share (TTM)||$-0.26|
Compare online stock trading platforms
Note: The dollar amounts in the table below are in Canadian dollars.
Rimini Street price performance over time
|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%|
|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".
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. .
Stocks similar to Rimini Street
Frequently asked questions
Rimini Street in the news
Rimini Street Announces Upcoming Virtual Investor Conference Schedule
Rimini Street : Announces Upcoming Virtual Investor Conference Schedule
Rimini Street Announces Upcoming Virtual Investor Conference Schedule
More on investing
Stock trading doesn’t have to be expensive. Using Finder’s proprietary algorithm, we’ve identified the best cheap Canadian and US stocks to buy now.Read more…
Steps to owning and managing Cue Health stocks, with 24-hour and historical pricing before you buy.Read more…
Steps to owning and managing ARBK stock, with 24-hour and historical pricing before you buy.Read more…
More guides on Finder
How to buy AirSculpt Technologies (AIRS) stock in Canada when it goes public
Everything we know about the AirSculpt Technologies IPO, plus information on how to buy in.
How to buy Candela Medical (CDLA) stock in Canada when it goes public
Everything we know about the Candela Medical IPO, plus information on how to buy in.
How to buy Ensemble Health Partners (ENSB) stock in Canada when it goes public
Everything we know about the Ensemble Health Partners IPO, plus information on how to buy in.
How to buy Fluence Energy (FLNC) stock in Canada when it goes public
Everything we know about the Fluence Energy IPO, plus information on how to buy in.
How to buy GlobalFoundries (GFS) stock in Canada when it goes public
Everything we know about the GlobalFoundries IPO, plus information on how to buy in.
How to buy LianBio (LIAN) stock in Canada when it goes public
Everything we know about the LianBio IPO, plus information on how to buy in.
How to buy Rent the Runway (RENT) stock in Canada when it goes public
Everything we know about the Rent the Runway IPO, plus information on how to buy in.
How to buy Solo Brands (DTC) stock in Canada when it goes public
Everything we know about the Solo Brands IPO, plus information on how to buy in.
How to buy Udemy (UDMY) stock in Canada when it goes public
Everything we know about the Udemy IPO, plus information on how to buy in.
How to buy Arteris (AIP) stock in Canada when it goes public
Everything we know about the Arteris IPO, plus information on how to buy in.