A new trading day began on Tuesday, with Rimini Street Inc (NASDAQ: RMNI) stock price up 5.93% from the previous day of trading, before settling in for the closing price of $3.37. RMNI’s price has ranged from $1.53 to $4.14 over the past 52 weeks.
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Annual sales at Technology sector company grew by 8.99% over the past five years. Meanwhile, its annual earnings per share averaged -21.25%. With a float of $47.49 million, this company’s outstanding shares have now reached $91.35 million.
Let’s look at the performance matrix of the company that is accounted for 2040 employees. In terms of profitability, gross margin is 61.17%, operating margin of -5.0%, and the pretax margin is -7.51%.
Rimini Street Inc (RMNI) Insider and Institutional Ownership
As we move forward, let’s examine how large-scale investors are investing in this stock of the Software – Application Industry. The insider ownership of Rimini Street Inc is 48.26%, while institutional ownership is 37.54%. The most recent insider transaction that took place on May 06 ’25, was worth 93,028. In this transaction EVP & Chief Financial Officer of this company sold 28,319 shares at a rate of $3.28, taking the stock ownership to the 237,361 shares. Before that another transaction happened on May 06 ’25, when Company’s EVP & Chief Client Officer sold 6,120 for $3.28, making the entire transaction worth $20,103. This insider now owns 167,663 shares in total.
Rimini Street Inc (RMNI) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around -21.25% per share during the next fiscal year.
Rimini Street Inc (NASDAQ: RMNI) Trading Performance Indicators
Here are Rimini Street Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 0.74. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.77.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.38, a number that is poised to hit 0.08 in the next quarter and is forecasted to reach 0.42 in one year’s time.
Technical Analysis of Rimini Street Inc (RMNI)
Rimini Street Inc (NASDAQ: RMNI) saw its 5-day average volume 0.31 million, a positive change from its year-to-date volume of 0.28 million. As of the previous 9 days, the stock’s Stochastic %D was 58.31%. Additionally, its Average True Range was 0.21.
During the past 100 days, Rimini Street Inc’s (RMNI) raw stochastic average was set at 65.77%, which indicates a significant decrease from 90.38% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 55.24% in the past 14 days, which was lower than the 64.13% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $3.52, while its 200-day Moving Average is $2.57. Nevertheless, the first resistance level for the watch stands at $3.67 in the near term. At $3.78, the stock is likely to face the second major resistance level. The third major resistance level sits at $3.94. If the price goes on to break the first support level at $3.41, it is likely to go to the next support level at $3.25. The third support level lies at $3.15 if the price breaches the second support level.
Rimini Street Inc (NASDAQ: RMNI) Key Stats
With a market capitalization of 327.67 million, the company has a total of 91,785K Shares Outstanding. Currently, annual sales are 428,750 K while annual income is -36,270 K. The company’s previous quarter sales were 104,200 K while its latest quarter income was 3,350 K.
