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Video: Compound Annual Growth Rate (CAGR) Definition
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 |
Date |
Open |
High |
Low |
Close |
Volume |
02/21/2023 |
$1.83 |
$1.84 |
$1.83 |
$1.83 |
48.70K | 02/22/2023 |
$1.83 |
$1.84 |
$1.83 |
$1.83 |
24.50K | 02/23/2023 |
$1.85 |
$1.85 |
$1.83 |
$1.85 |
227.90K | 02/24/2023 |
$1.85 |
$1.86 |
$1.84 |
$1.86 |
1.36M | 02/27/2023 |
$1.86 |
$1.87 |
$1.86 |
$1.87 |
536.00K |
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Elevate Credit, and the banks it supports, provides financial solutions for Americans. Co.'s platform enables online lending brands that utilize Artificial Intelligence underwriting. Co. has two main business activities: as a state-licensed lender itself; and as a service provider to Federal Deposit Insurance Corporation (FDIC)-regulated banks. Co. has three primary lending product constructs, each with one brand. The three product constructs and brands are: Installment Loans, which operates as both a state-licensed lender and is licensed to FDIC-regulated banks; Lines of Credit, which is licensed by an FDIC-regulated bank; and Credit Cards, which provides various credit card features. | |
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Elevate Credit (ELVT) has the following price history information. Looking back at ELVT historical stock prices for the last five trading days, on February 21, 2023, ELVT opened at $1.83, traded as high as $1.84 and as low as $1.83, and closed at $1.83. Trading volume was a total of 48.70K shares. On February 22, 2023, ELVT opened at $1.83, traded as high as $1.84 and as low as $1.83, and closed at $1.83. Trading volume was a total of 24.50K shares. On February 23, 2023, ELVT opened at $1.85, traded as high as $1.85 and as low as $1.83, and closed at $1.85. Trading volume was a total of 227.90K shares. On February 24, 2023, ELVT opened at $1.85, traded as high as $1.86 and as low as $1.84, and closed at $1.86. Trading volume was a total of 1.36M shares. On February 27, 2023, ELVT opened at $1.86, traded as high as $1.87 and as low as $1.86, and closed at $1.87. Trading volume was a total of 536.00K shares.
ELVT Historical Stock Prices By Date:

Below, we examine the compound annual growth rate — CAGR for short — of an investment into Elevate Credit shares, starting with a $10,000 purchase of ELVT, 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: |
04/07/2017 |
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End date: |
02/27/2023 |
|
Start price/share: |
$7.40 |
|
End price/share: |
$1.87 |
|
Dividends collected/share: |
$0.00 |
|
Total return: |
-74.73% |
|
Average Annual Total Return: |
-20.81% |
|
Starting investment: |
$10,000.00 |
|
Ending investment: |
$2,526.80 |
|
Years: |
5.90 |
|
|
 |
Date |
Close |
02/21/2023 | $1.83 | 02/22/2023 | $1.83 | 02/23/2023 | $1.85 | 02/24/2023 | $1.86 | 02/27/2023 | $1.87 |
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