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 Video: Compound Annual Growth Rate (CAGR) Definition
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| Date |
Open |
High |
Low |
Close |
Volume |
| 03/17/2023 |
$2.25 |
$2.30 |
$2.25 |
$2.26 |
12.10K | | 03/20/2023 |
$2.29 |
$2.30 |
$2.26 |
$2.26 |
4.90K | | 03/21/2023 |
$2.31 |
$2.31 |
$2.23 |
$2.23 |
7.90K | | 03/22/2023 |
$2.20 |
$2.21 |
$1.84 |
$1.86 |
232.10K | | 03/23/2023 |
$1.86 |
$2.11 |
$1.86 |
$1.92 |
42.20K |
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| Biomerica is a biomedical technology company that develops, patents, manufactures and markets diagnostic and therapeutic products used at the point-of-care (physicians' offices and over-the-counter through drugstores and online) and in hospital/clinical laboratories for detection and/or treatment of medical conditions and diseases. Co.'s diagnostic test kits are used to analyze blood, urine, nasal or fecal material from patients in the diagnosis of various diseases, food intolerances and other medical complications, or to measure the level of specific hormones, antibodies, antigens or other substances, which may exist in the human body in small concentrations. | |
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Biomerica (BMRA) has the following price history information. Looking back at BMRA historical stock prices for the last five trading days, on March 17, 2023, BMRA opened at $2.25, traded as high as $2.30 and as low as $2.25, and closed at $2.26. Trading volume was a total of 12.10K shares. On March 20, 2023, BMRA opened at $2.29, traded as high as $2.30 and as low as $2.26, and closed at $2.26. Trading volume was a total of 4.90K shares. On March 21, 2023, BMRA opened at $2.31, traded as high as $2.31 and as low as $2.23, and closed at $2.23. Trading volume was a total of 7.90K shares. On March 22, 2023, BMRA opened at $2.20, traded as high as $2.21 and as low as $1.84, and closed at $1.86. Trading volume was a total of 232.10K shares. On March 23, 2023, BMRA opened at $1.86, traded as high as $2.11 and as low as $1.86, and closed at $1.92. Trading volume was a total of 42.20K shares.
BMRA Historical Stock Prices By Date:
Below, we examine the compound annual growth rate — CAGR for short — of an investment into Biomerica shares, starting with a $10,000 purchase of BMRA, 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: |
03/26/2013 |
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| End date: |
03/23/2023 |
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| Start price/share: |
$1.09 |
|
| End price/share: |
$1.92 |
|
| Dividends collected/share: |
$0.00 |
|
| Total return: |
76.15% |
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| Average Annual Total Return: |
5.83% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$17,620.59 |
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| Years: |
10.00 |
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| Date |
Close |
| 03/17/2023 | $2.26 | | 03/20/2023 | $2.26 | | 03/21/2023 | $2.23 | | 03/22/2023 | $1.86 | | 03/23/2023 | $1.92 |
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