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Video: Compound Annual Growth Rate (CAGR) Definition
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 |
| Date |
Open |
High |
Low |
Close |
Volume |
| 12/20/2023 |
$2.00 |
$2.33 |
$1.87 |
$1.89 |
7.61M | | 12/21/2023 |
$2.07 |
$2.14 |
$1.87 |
$2.02 |
3.36M | | 12/22/2023 |
$1.97 |
$2.14 |
$1.95 |
$1.99 |
2.05M | | 12/26/2023 |
$1.97 |
$2.04 |
$1.63 |
$1.71 |
2.83M | | 12/27/2023 |
$1.71 |
$1.72 |
$1.05 |
$1.16 |
12.33M |
 |
| Ebix, Inc. is a provider of on-demand infrastructure software exchanges and e-commerce services to the insurance, financial, travel, cash remittance and healthcare industries. In the insurance sector, the Co.'s main focus is to develop and deploy globally a variety of insurance and reinsurance exchanges on an on-demand basis using software-as-a-service (SaaS) enterprise solutions in the areas of customer relationship management (CRM), front-end and back-end systems, and outsourced administrative and risk compliance. | |
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Ebix (EBIX) has the following price history information. Looking back at EBIX historical stock prices for the last five trading days, on December 20, 2023, EBIX opened at $2.00, traded as high as $2.33 and as low as $1.87, and closed at $1.89. Trading volume was a total of 7.61M shares. On December 21, 2023, EBIX opened at $2.07, traded as high as $2.14 and as low as $1.87, and closed at $2.02. Trading volume was a total of 3.36M shares. On December 22, 2023, EBIX opened at $1.97, traded as high as $2.14 and as low as $1.95, and closed at $1.99. Trading volume was a total of 2.05M shares. On December 26, 2023, EBIX opened at $1.97, traded as high as $2.04 and as low as $1.63, and closed at $1.71. Trading volume was a total of 2.83M shares. On December 27, 2023, EBIX opened at $1.71, traded as high as $1.72 and as low as $1.05, and closed at $1.16. Trading volume was a total of 12.33M shares.
EBIX Historical Stock Prices By Date:

Below, we examine the compound annual growth rate — CAGR for short — of an investment into Ebix shares, starting with a $10,000 purchase of EBIX, and working forward through the historical stock price information to today.
Growth of $10,000.00
With Dividends Reinvested
|
| Start date: |
02/12/2016 |
|
| End date: |
12/27/2023 |
|
| Start price/share: |
$31.92 |
|
| End price/share: |
$1.16 |
|
| Starting shares: |
313.28 |
|
| Ending shares: |
331.59 |
|
| Dividends reinvested/share: |
$2.10 |
|
| Total return: |
-96.15% |
|
| Average Annual Total Return: |
-33.88% |
|
| Starting investment: |
$10,000.00 |
|
| Ending investment: |
$384.43 |
|
| Years: |
7.88 |
|
| |
Growth of $10,000.00
Without Dividends Reinvested
|
| Start date: |
02/12/2016 |
|
| End date: |
12/27/2023 |
|
| Start price/share: |
$31.92 |
|
| End price/share: |
$1.16 |
|
| Dividends collected/share: |
$2.10 |
|
| Total return: |
-89.79% |
|
| Average Annual Total Return: |
-25.15% |
|
| Starting investment: |
$10,000.00 |
|
| Ending investment: |
$1,021.05 |
|
| Years: |
7.88 |
|
|
 |
| Date |
Close |
| 12/20/2023 | $1.89 | | 12/21/2023 | $2.02 | | 12/22/2023 | $1.99 | | 12/26/2023 | $1.71 | | 12/27/2023 | $1.16 |
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