Rimini Street Inc (NASDAQ:RMNI) price on Thursday, July 03, rose 8.31% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $4.17.
A look at the stock’s price movement, the close in the last trading session was $3.85, moving within a range at $3.86 and $4.2. The beta value (5-Year monthly) was 1.267. Turning to its 52-week performance, $4.14 and $1.53 were the 52-week high and 52-week low respectively. Overall, RMNI moved 29.91% over the past month.
Rimini Street Inc’s market cap currently stands at around $382.74 million, with investors looking forward to this quarter’s earnings report slated for on 2025-May-01.
Turning to the stock’s technical picture we see that short term indicators suggest on average that RMNI is a 100% Buy. On the other hand, the stock is on average a 50% Buy as suggested by medium term indicators while long term indicators are putting the stock in 100% Buy category.
5 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 1 analyst(s) rate the stock as a Hold, 4 recommend RMNI as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 0 say it is a Sell. As such, the average rating for the stock is Buy which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
RMNI’s current price about 19.88% and 22.96% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 69.23, while 7-day volatility ratio is 6.88% and 6.32% in the 30-day chart. Further, Rimini Street Inc (RMNI) has a beta value of 1.33. Analysts have given the company’s stock an average 52-week price target of $6.5, forecast between a low of $6.5 and high of $6.5. Looking at the price targets, the low is -55.88% off current price level while to achieve the yearly target high, price needs to move -55.88%. Nonetheless, investors will most likely welcome a -55.88% jump to $6.5 which is the analysts’ median price.
If we refocus on Rimini Street Inc (NASDAQ:RMNI), historical trading data shows that trading volumes averaged 0.42 over the past 10 days and 291.53K over the past 3 months. The company’s latest data on shares outstanding shows there are 91.35 million shares.
The 48.89% of Rimini Street Inc’s shares are in the hands of company insiders while institutional holders own 38.49% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 0.65 million on 2025-06-13, giving us a short ratio of 2.19. The data shows that as of 2025-06-13 short interest in Rimini Street Inc (RMNI) stood at 123.00000499999999 of shares outstanding, with shares short falling to 0.68 million registered in 2025-05-15. Current price change has pushed the stock 43.30% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the RMNI stock continues to rise going into the next quarter.
