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Video: Compound Annual Growth Rate (CAGR) Definition
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 |
Date |
Open |
High |
Low |
Close |
Volume |
03/17/2023 |
$17.97 |
$18.31 |
$17.68 |
$17.80 |
2.87M | 03/20/2023 |
$18.09 |
$18.42 |
$17.81 |
$17.95 |
559.50K | 03/21/2023 |
$18.20 |
$18.38 |
$17.95 |
$18.00 |
502.20K | 03/22/2023 |
$17.88 |
$18.05 |
$17.33 |
$17.38 |
601.00K | 03/23/2023 |
$17.39 |
$17.92 |
$17.18 |
$17.53 |
509.90K |
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Avid Bioservices is a contract development and manufacturing organization that provides a range of services from process development to Current Good Manufacturing Practices (CGMP) clinical and commercial manufacturing, focused on biopharmaceutical drug substances derived from mammalian cell culture. Co. produces monoclonal antibodies and recombinant proteins, and its services include CGMP clinical and commercial drug substance manufacturing, bulk packaging, release and stability testing and regulatory submissions support. Co. also provides process development services, including upstream and downstream development, analytical method development, testing and characterization. | |
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Avid Bioservices (CDMO) has the following price history information. Looking back at CDMO historical stock prices for the last five trading days, on March 17, 2023, CDMO opened at $17.97, traded as high as $18.31 and as low as $17.68, and closed at $17.80. Trading volume was a total of 2.87M shares. On March 20, 2023, CDMO opened at $18.09, traded as high as $18.42 and as low as $17.81, and closed at $17.95. Trading volume was a total of 559.50K shares. On March 21, 2023, CDMO opened at $18.20, traded as high as $18.38 and as low as $17.95, and closed at $18.00. Trading volume was a total of 502.20K shares. On March 22, 2023, CDMO opened at $17.88, traded as high as $18.05 and as low as $17.33, and closed at $17.38. Trading volume was a total of 601.00K shares. On March 23, 2023, CDMO opened at $17.39, traded as high as $17.92 and as low as $17.18, and closed at $17.53. Trading volume was a total of 509.90K shares.
CDMO Historical Stock Prices By Date:

Below, we examine the compound annual growth rate — CAGR for short — of an investment into Avid Bioservices shares, starting with a $10,000 purchase of CDMO, and working forward through the historical stock price information to today.
Growth of $10,000.00
With Dividends Reinvested
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Start date: |
03/26/2013 |
|
End date: |
03/23/2023 |
|
Start price/share: |
$1.33 |
|
End price/share: |
$17.53 |
|
Starting shares: |
7,518.80 |
|
Ending shares: |
9,423.17 |
|
Dividends reinvested/share: |
$0.66 |
|
Total return: |
1,551.88% |
|
Average Annual Total Return: |
32.38% |
|
Starting investment: |
$10,000.00 |
|
Ending investment: |
$165,154.35 |
|
Years: |
10.00 |
|
|
Growth of $10,000.00
Without Dividends Reinvested
|
Start date: |
03/26/2013 |
|
End date: |
03/23/2023 |
|
Start price/share: |
$1.33 |
|
End price/share: |
$17.53 |
|
Dividends collected/share: |
$0.66 |
|
Total return: |
1,267.37% |
|
Average Annual Total Return: |
29.90% |
|
Starting investment: |
$10,000.00 |
|
Ending investment: |
$136,703.69 |
|
Years: |
10.00 |
|
|
 |
Date |
Close |
03/17/2023 | $17.80 | 03/20/2023 | $17.95 | 03/21/2023 | $18.00 | 03/22/2023 | $17.38 | 03/23/2023 | $17.53 |
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