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Video: Compound Annual Growth Rate (CAGR) Definition
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Date |
Open |
High |
Low |
Close |
Volume |
04/16/2024 |
$0.85 |
$0.88 |
$0.83 |
$0.85 |
2.73M | 04/17/2024 |
$0.85 |
$0.92 |
$0.84 |
$0.86 |
1.92M | 04/18/2024 |
$0.86 |
$0.86 |
$0.81 |
$0.83 |
2.53M | 04/19/2024 |
$0.81 |
$0.87 |
$0.81 |
$0.84 |
3.64M | 04/22/2024 |
$0.86 |
$0.94 |
$0.84 |
$0.86 |
2.31M |
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Desktop Metal is engaged in manufacturing technologies focused on Additive Manufacturing 2.0, the volume production of end-use parts. Co. provides a portfolio of integrated additive manufacturing solutions comprised of hardware, software, materials and services with support for metals, polymers, elastomers, ceramics, sands, composites, wood and biocompatible materials. Co.'s solutions span use cases across the product life cycle, from product development to mass production and aftermarket operations, and it addresses an array of industries, including automotive, healthcare and dental, consumer products, heavy industry, aerospace, machine design and research and development. | |
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Desktop Metal (DM) has the following price history information. Looking back at DM historical stock prices for the last five trading days, on April 16, 2024, DM opened at $0.85, traded as high as $0.88 and as low as $0.83, and closed at $0.85. Trading volume was a total of 2.73M shares. On April 17, 2024, DM opened at $0.85, traded as high as $0.92 and as low as $0.84, and closed at $0.86. Trading volume was a total of 1.92M shares. On April 18, 2024, DM opened at $0.86, traded as high as $0.86 and as low as $0.81, and closed at $0.83. Trading volume was a total of 2.53M shares. On April 19, 2024, DM opened at $0.81, traded as high as $0.87 and as low as $0.81, and closed at $0.84. Trading volume was a total of 3.64M shares. On April 22, 2024, DM opened at $0.86, traded as high as $0.94 and as low as $0.84, and closed at $0.86. Trading volume was a total of 2.31M shares.
DM Historical Stock Prices By Date:
Below, we examine the compound annual growth rate — CAGR for short — of an investment into Desktop Metal shares, starting with a $10,000 purchase of DM, 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: |
05/06/2019 |
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End date: |
04/22/2024 |
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Start price/share: |
$9.70 |
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End price/share: |
$0.86 |
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Dividends collected/share: |
$0.00 |
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Total return: |
-91.18% |
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Average Annual Total Return: |
-38.66% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$882.46 |
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Years: |
4.97 |
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Date |
Close |
04/16/2024 | $0.85 | 04/17/2024 | $0.86 | 04/18/2024 | $0.83 | 04/19/2024 | $0.84 | 04/22/2024 | $0.86 |
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