|
Video: Compound Annual Growth Rate (CAGR) Definition
|
|
Date |
Open |
High |
Low |
Close |
Volume |
04/23/2024 |
$5.25 |
$5.38 |
$5.22 |
$5.36 |
16.53M | 04/24/2024 |
$5.26 |
$5.30 |
$5.20 |
$5.28 |
22.50M | 04/25/2024 |
$5.20 |
$5.27 |
$5.18 |
$5.24 |
15.02M | 04/26/2024 |
$5.23 |
$5.24 |
$5.17 |
$5.18 |
8.65M | 04/29/2024 |
$5.12 |
$5.16 |
$5.09 |
$5.15 |
14.84M |
|
Ericsson enables communications service providers and enterprises to capture the value of connectivity. Co.'s portfolio spans the following segments: Networks, which provides multi-technology capable Radio Access Network solutions for all network spectrum bands, including hardware and software; Cloud Software and Services, which provides solutions for main networks, business and operational support systems, network design and optimization, and network managed services; and Enterprise, which comprises of three Business Areas offering solutions primarily to Enterprise which are Global Communications Platform, Enterprise Wireless Solutions, and Technologies and New Businesses. | |
|
Ericsson (ERIC) has the following price history information. Looking back at ERIC historical stock prices for the last five trading days, on April 23, 2024, ERIC opened at $5.25, traded as high as $5.38 and as low as $5.22, and closed at $5.36. Trading volume was a total of 16.53M shares. On April 24, 2024, ERIC opened at $5.26, traded as high as $5.30 and as low as $5.20, and closed at $5.28. Trading volume was a total of 22.50M shares. On April 25, 2024, ERIC opened at $5.20, traded as high as $5.27 and as low as $5.18, and closed at $5.24. Trading volume was a total of 15.02M shares. On April 26, 2024, ERIC opened at $5.23, traded as high as $5.24 and as low as $5.17, and closed at $5.18. Trading volume was a total of 8.65M shares. On April 29, 2024, ERIC opened at $5.12, traded as high as $5.16 and as low as $5.09, and closed at $5.15. Trading volume was a total of 14.84M shares.
ERIC Historical Stock Prices By Date:
Below, we examine the compound annual growth rate — CAGR for short — of an investment into Ericsson shares, starting with a $10,000 purchase of ERIC, and working forward through the historical stock price information to today.
Growth of $10,000.00
With Dividends Reinvested
|
Start date: |
05/01/2014 |
|
End date: |
04/29/2024 |
|
Start price/share: |
$12.06 |
|
End price/share: |
$5.15 |
|
Starting shares: |
829.19 |
|
Ending shares: |
1,043.76 |
|
Dividends reinvested/share: |
$1.94 |
|
Total return: |
-46.25% |
|
Average Annual Total Return: |
-6.02% |
|
Starting investment: |
$10,000.00 |
|
Ending investment: |
$5,373.79 |
|
Years: |
10.00 |
|
|
Growth of $10,000.00
Without Dividends Reinvested
|
Start date: |
05/01/2014 |
|
End date: |
04/29/2024 |
|
Start price/share: |
$12.06 |
|
End price/share: |
$5.15 |
|
Dividends collected/share: |
$1.94 |
|
Total return: |
-41.21% |
|
Average Annual Total Return: |
-5.17% |
|
Starting investment: |
$10,000.00 |
|
Ending investment: |
$5,880.23 |
|
Years: |
10.00 |
|
|
|
Date |
Close |
04/23/2024 | $5.36 | 04/24/2024 | $5.28 | 04/25/2024 | $5.24 | 04/26/2024 | $5.18 | 04/29/2024 | $5.15 |
|
|