Rimini Street Inc. (RMNI) is priced at $6.13 after the most recent trading session. At the very opening of the session, the stock price was $6.93 and reached a high price of $7.10, prior to closing the session it reached the value of $7.70. The stock touched a low price of $5.93.
Recently in News on May 10, 2021, Rimini Street Announces Fiscal First Quarter 2021 Financial Results. Quarterly revenue of $87.9 million, up 12.6% year over year. You can read further details here
Rimini Street Inc. had a pretty favorable run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $10.72 on 03/04/21, with the lowest value was $4.45 for the same time period, recorded on 01/04/21.
Rimini Street Inc. (RMNI) full year performance was 44.58%
Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, Rimini Street Inc. shares are logging -42.82% during the 52-week period from high price, and 101.64% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $3.04 and $10.72.
The company’s shares, operating in the sector of Technology managed to top a trading volume set approximately around 2722092 for the day, which was evidently higher, when compared to the average daily volumes of the shares.
When it comes to the year-to-date metrics, the Rimini Street Inc. (RMNI) recorded performance in the market was 38.37%, having the revenues showcasing -29.94% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 515.90M, as it employees total of 1420 workers.
Market experts do have their say about Rimini Street Inc. (RMNI)
During the last month, 0 analysts gave the Rimini Street Inc. a BUY rating, 0 of the polled analysts branded the stock as an OVERWEIGHT, 0 analysts were recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 of the polled analysts provided SELL rating.
According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 7.55, with a change in the price was noted +1.35. In a similar fashion, Rimini Street Inc. posted a movement of +28.24% for the period of last 100 days, recording 448,442 in trading volumes.
Technical breakdown of Rimini Street Inc. (RMNI)
Raw Stochastic average of Rimini Street Inc. in the period of last 50 days is set at 4.18%. The result represents downgrade in oppose to Raw Stochastic average for the period of the last 20 days, recording 7.12%. In the last 20 days, the company’s Stochastic %K was 12.46% and its Stochastic %D was recorded 13.57%.
Bearing in mind the latest performance of Rimini Street Inc., several moving trends are noted. Year-to-date Price performance of the company’s stock appears to be pessimistic, given the fact the metric is recording 38.37%. Additionally, trading for the stock in the period of the last six months notably improved by 66.12%, alongside a boost of 44.58% for the period of the last 12 months. The shares increased approximately by -20.90% in the 7-day charts and went up by -28.55% in the period of the last 30 days. Common stock shares were lifted by -29.94% during last recorded quarter.