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Video: Compound Annual Growth Rate (CAGR) Definition
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 |
| Date |
Open |
High |
Low |
Close |
Volume |
| 08/30/2024 |
$16.30 |
$16.39 |
$15.83 |
$16.31 |
416.30K | | 09/03/2024 |
$16.23 |
$16.23 |
$15.38 |
$15.63 |
283.50K | | 09/04/2024 |
$15.73 |
$15.93 |
$15.52 |
$15.82 |
307.40K | | 09/05/2024 |
$16.03 |
$16.03 |
$15.69 |
$15.97 |
372.90K | | 09/06/2024 |
$15.95 |
$16.18 |
$15.41 |
$15.41 |
403.60K |
 |
| Dril-Quip designs, manufactures, sells and services drilling and production equipment primarily for use in deepwater, harsh environment and severe service applications. Co.'s principal products consist of subsea and surface wellheads, subsea and surface production trees, mudline hanger systems, specialty connectors and associated pipe, drilling and production riser systems, liner hangers, wellhead connectors, diverters and safety valves. Co. also provides technical advisory assistance on an as-requested basis during installation of its products, as well as rework and reconditioning services for customer-owned Co.'s products. | |
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DRQ (DRQ) has the following price history information. Looking back at DRQ historical stock prices for the last five trading days, on August 30, 2024, DRQ opened at $16.30, traded as high as $16.39 and as low as $15.83, and closed at $16.31. Trading volume was a total of 416.30K shares. On September 03, 2024, DRQ opened at $16.23, traded as high as $16.23 and as low as $15.38, and closed at $15.63. Trading volume was a total of 283.50K shares. On September 04, 2024, DRQ opened at $15.73, traded as high as $15.93 and as low as $15.52, and closed at $15.82. Trading volume was a total of 307.40K shares. On September 05, 2024, DRQ opened at $16.03, traded as high as $16.03 and as low as $15.69, and closed at $15.97. Trading volume was a total of 372.90K shares. On September 06, 2024, DRQ opened at $15.95, traded as high as $16.18 and as low as $15.41, and closed at $15.41. Trading volume was a total of 403.60K shares.
DRQ Historical Stock Prices By Date:

Below, we examine the compound annual growth rate — CAGR for short — of an investment into DRQ shares, starting with a $10,000 purchase of DRQ, and working forward through the historical stock price information to today.
Growth of $10,000.00
Without Dividends Reinvested
|
| Start date: |
07/12/2016 |
|
| End date: |
09/06/2024 |
|
| Start price/share: |
$58.95 |
|
| End price/share: |
$15.41 |
|
| Dividends collected/share: |
$0.00 |
|
| Total return: |
-73.86% |
|
| Average Annual Total Return: |
-15.16% |
|
| Starting investment: |
$10,000.00 |
|
| Ending investment: |
$2,614.93 |
|
| Years: |
8.16 |
|
|
 |
| Date |
Close |
| 08/30/2024 | $16.31 | | 09/03/2024 | $15.63 | | 09/04/2024 | $15.82 | | 09/05/2024 | $15.97 | | 09/06/2024 | $15.41 |
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