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 Video: Compound Annual Growth Rate (CAGR) Definition
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| Date |
Open |
High |
Low |
Close |
Volume |
| 04/29/2024 |
$2.80 |
$2.81 |
$2.74 |
$2.76 |
169.70K | | 04/30/2024 |
$2.72 |
$2.73 |
$2.66 |
$2.66 |
271.50K | | 05/01/2024 |
$2.67 |
$2.80 |
$2.65 |
$2.76 |
239.20K | | 05/02/2024 |
$2.56 |
$2.65 |
$2.47 |
$2.61 |
462.50K | | 05/03/2024 |
$2.59 |
$2.64 |
$2.43 |
$2.55 |
521.40K |
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| Rimini Street is a global provider of enterprise software support products and services, and an independent software support provider for Oracle and SAP products. Co.'s subscription-based software support products and services provide enterprise software licensees a choice of solutions that replace or supplement the support products and services provided by enterprise software vendors for their products. Co. also provides a support service, Rimini Street Extra Secure Support, available to clients that require higher level of security background checks for engineers accessing the client's system than its standard employment security background check process. | |
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Rimini Street (RMNI) has the following price history information. Looking back at RMNI historical stock prices for the last five trading days, on April 29, 2024, RMNI opened at $2.80, traded as high as $2.81 and as low as $2.74, and closed at $2.76. Trading volume was a total of 169.70K shares. On April 30, 2024, RMNI opened at $2.72, traded as high as $2.73 and as low as $2.66, and closed at $2.66. Trading volume was a total of 271.50K shares. On May 01, 2024, RMNI opened at $2.67, traded as high as $2.80 and as low as $2.65, and closed at $2.76. Trading volume was a total of 239.20K shares. On May 02, 2024, RMNI opened at $2.56, traded as high as $2.65 and as low as $2.47, and closed at $2.61. Trading volume was a total of 462.50K shares. On May 03, 2024, RMNI opened at $2.59, traded as high as $2.64 and as low as $2.43, and closed at $2.55. Trading volume was a total of 521.40K shares.
RMNI Historical Stock Prices By Date:
Below, we examine the compound annual growth rate — CAGR for short — of an investment into Rimini Street shares, starting with a $10,000 purchase of RMNI, and working forward through the historical stock price information to today.
Growth of $10,000.00
Without Dividends Reinvested
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| Start date: |
08/31/2015 |
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| End date: |
05/03/2024 |
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| Start price/share: |
$9.75 |
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| End price/share: |
$2.55 |
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| Dividends collected/share: |
$0.00 |
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| Total return: |
-73.85% |
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| Average Annual Total Return: |
-14.32% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$2,614.75 |
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| Years: |
8.68 |
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|
| Date |
Close |
| 04/29/2024 | $2.76 | | 04/30/2024 | $2.66 | | 05/01/2024 | $2.76 | | 05/02/2024 | $2.61 | | 05/03/2024 | $2.55 |
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