Rimini Street Inc. Shares Close in on 52-Week Low - Market Mover
The shares closed 1.0% above its 52-week low of $5.08, with trading volume lower than its 30 day average
Jan 16, 2022 by Kwhen Finance Editors
Rimini Street Inc. (RMNI) shares closed today at 1.0% above its 52 week low of $5.08, giving the company a market cap of $445M. The stock is currently down 14.1% year-to-date, down 24.2% over the past 12 months, and down 48.3% over the past five years. This week, the Dow Jones Industrial Average fell 0.9%, and the S&P 500 fell 0.3%.
Trading Activity
- Trading volume this week was 12.8% higher than the 20-day average.
- Beta, a measure of the stock’s volatility relative to the overall market stands at 1.0.
Technical Indicators
- The Relative Strength Index (RSI) on the stock was under 30, indicating it may be underbought.
- MACD, a trend-following momentum indicator, indicates a downward trend.
- The stock closed above its Bollinger band, indicating it may be overbought.
Market Comparative Performance
- The company's share price is the same as the S&P 500 Index , lags it on a 1-year basis, and lags it on a 5-year basis
- The company's share price is the same as the Dow Jones Industrial Average , lags it on a 1-year basis, and lags it on a 5-year basis
- The company share price is the same as the performance of its peers in the Information Technology industry sector , lags it on a 1-year basis, and lags it on a 5 year basis
| Name | DoD %Δ | YTD %Δ | 1 Yr % | 52-Week H % | 52-Week L % |
|---|---|---|---|---|---|
| Rimini Street Inc. | -0.6 | -14.1 | -24.2 | -55.6 | 0.8 |
| Dow Jones Industrial Average | -0.6 | -1.2 | 17.8 | -3.1 | 22.0 |
| S&P 500 Index | 0.0 | -2.2 | 24.4 | -3.9 | 26.9 |
| Information Technology | 1.0 | -5.4 | 28.2 | -9.4 | 30.4 |
Peer Group Comparative Performance
- The company's stock price performance year-to-date lags the peer average by 191.7%
- The company's stock price performance over the past 12 months lags the peer average by 7195.4%
| Name | MKT CAP (USD) | P/E | YTD %Δ | 1 Yr %Δ | 52-Week H % | 52-Week L % |
|---|---|---|---|---|---|---|
| Rimini Street Inc. | RMNI | 0 | -14.1 | -24.2 | -55.6 | 0.8 |
| Peer Avg | N/A | 0 | -4.8 | -0.3 | -5.8 | 8.4 |
| Paymentus Holdings Inc - Class A | PAY | 0 | -19.3 | -1.3 | -23.3 | 33.6 |
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