How to Buy Rimini Street Stock
Rimini Street Inc
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.
Rimini Street stock last closed at $2.80, up 0% from the previous day, and has decreased 23.91% in one year. It has underperformed other stocks in the Software - Application industry by 0.48 percentage points. Rimini Street stock is currently +39.65% from its 52-week low of $2.01, and -47.37% from its 52-week high of $5.32.
At the moment, there are 89.88M shares of RMNI outstanding. The market capitalization of RMNI is $251.68M. In the last 24 hours, 162,316 RMNI shares were traded.
How to Buy Rimini Street Stock
Not sure how to invest in Rimini Street stock? Here's how.
- Decide where to buy Rimini Street stock: You need to decide on a stock brokerage, but don't worry - we've researched dozens of stock brokerages and apps to help you figure out where to buy Rimini Street stock.
- Sign up for your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
- Deposit funds into your brokerage account: Select your payment method and add your information.
- Analyze Rimini Street stock: The Rimini Street ticker symbol is RMNI. Is Rimini Street stock a good investment? Should you buy shares of RMNI? How do RMNI's underlying business fundamentals look? Do top analysts think Rimini Street is a good buy? Why has RMNI's stock price moved recently? (Hint: Our stock market research tools can help you figure out if RMNI is a good stock to buy).
- Place your RMNI purchase: Decide if you will purchase RMNI shares at the current market price or use a limit order to purchase RMNI stock at a specific price.
- Keep tabs on your investment in RMNI: Create a watchlist to the latest updates on your new investment in Rimini Street shares.
Step 1: Decide where to buy Rimini Street stock
You need a brokerage account to access the NASDAQ market and buy RMNI stock.
Our preferred brokerage: eToro
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Open eToro AccountStep 2: Sign up for your brokerage account
Now that you've selected the right brokerage, it's time to fill out some personal details so you are able to invest in RMNI stock today.
How to Set Up a New Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal details to create a new trading account.
- Send your data by clicking the "Create Account" button. Get started with eToro today
Step 3: Deposit funds into your brokerage account
Now that you've created your account on investing apps, you need to deposit funds:
Check out this video walkthrough to see the process of depositing funds into your new brokerage account.
Step 4: Analyze Rimini Street stock
Once you have figured out the best place to buy Rimini Street stock, it's absolutely critical to analyze their stock prior to investing, so you truly wrap your head around the risk and opportunity.
Rimini Street shares data
Rimini Street Fundamentals
WallStreetZen was designed to help average investors do more accurate fundamental analysis in minutes instead of hours.
You can view all of the due diligence checks on RMNI's stock page.
Is RMNI stock properly valued?
Analysts use a variety of different financial metrics, analyses, models, and charts to gauge RMNI's true value.
Using relative valuations measures:
- RMNI could be undervalued based on its P/E ratio of 9.66x, relative to Software - Application industry P/E ratio of 103.08x
You can do additional valuation analysis on RMNI's stock here.
How do RMNI Financials look?
Passed Health Checks:
- RMNI earnings of $46.75M is not sufficient to cover its interest payments.
- There are more short-term assets than long-term liabilities on the RMNI balance sheet.
- RMNI profit margin has gone up from -0.6% to 6% in the past year.
Failed Health Checks:
- RMNI's operating cash flow of $12.47M allows it to safely service it's debt of $81.30M.
- There are more short-term liabilities than short-term assets on the RMNI balance sheet.
- RMNI debt to equity ratio of -10.97 is negative.
- Total RMNI debt is still negative.
You can dive deeper into what analysts are projecting on the Rimini Street stock forecast page.
Metrics for Advanced RMNI Traders
RMNI Performance Metrics
Last year, RMNI earnings were $26.06M. During the last 2 year, RMNI's earnings have gone up by -26.72% per year. This was slower than the Software - Application industry average of 30.84%.
Last year, RMNI revenue was $431.50M. In the last 5 year, RMNI's revenue has grown by 11.23% per year. This was slower than the Software - Application industry average of 27.59%.
Find out more about RMNI's earnings and revenue performance here.
Who is buying/selling RMNI?
In the last 12 months, insiders at RMNI have sold more shares than they have bought.
Nancy Lyskawa, EVP Chief Client Officer of RMNI, was the latest RMNI insider to sell. They sold $26,114.24 worth of RMNI shares on Apr 8, 2024.
Get more info about who owns RMNI shares here.
Can I rely on RMNI as an income stream?
No, Rimini Street doesn't provide an income stream by paying out dividends.
Get analysis from other investors
One of the biggest reasons eToro is our favorite brokerage is because of its social trading community.
Click below to find out what other investors have to say.
Step 5: Place your RMNI purchase
There are two primary types of orders:
- Market order: A market order is an order to buy or sell a security at the best possible price.
Market orders are generally fine for most investors. - Limit order: A limit order allows you to buy or sell a stock at a specific price (or better).
If you want to ensure you're buying or selling at a specific dollar amount limit, place a limit order.
Hit the Open Trade button and your broker will execute the order.
If you want additional info about buying stocks on eToro, click the how to video below:
Step 6: Keep tabs on your investment in RMNI
Now that you own some RMNI stock, you'll want to keep up with your new shares.
Put RMNI on a watchlist to keep track of your RMNI stock.
RMNI Feed
How to Buy Stock in Rimini Street
To summarize, here are the 6 steps to buy Rimini Street stock:
- Decide where to buy Rimini Street stock
- Sign up for your brokerage account
- Deposit funds into your brokerage account
- Analyze Rimini Street stock
- Place your RMNI purchase
- Keep tabs on your investment in RMNI
If you need a place to buy stocks, eToro is our recommended option.
Get Started with eToro TodayIf you would like to get the latest news on your investment in Rimini Street, create a watchlist today.
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