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Video: Compound Annual Growth Rate (CAGR) Definition
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Date |
Open |
High |
Low |
Close |
Volume |
04/16/2024 |
$5.11 |
$5.12 |
$4.82 |
$4.88 |
59.01M | 04/17/2024 |
$4.91 |
$4.98 |
$4.85 |
$4.93 |
29.38M | 04/18/2024 |
$5.00 |
$5.11 |
$4.96 |
$5.06 |
29.65M | 04/19/2024 |
$5.03 |
$5.14 |
$5.03 |
$5.10 |
19.67M | 04/22/2024 |
$5.20 |
$5.28 |
$5.15 |
$5.26 |
23.33M |
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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. | |
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Ericsson (ERIC) has the following price history information. Looking back at ERIC historical stock prices for the last five trading days, on April 16, 2024, ERIC opened at $5.11, traded as high as $5.12 and as low as $4.82, and closed at $4.88. Trading volume was a total of 59.01M shares. On April 17, 2024, ERIC opened at $4.91, traded as high as $4.98 and as low as $4.85, and closed at $4.93. Trading volume was a total of 29.38M shares. On April 18, 2024, ERIC opened at $5.00, traded as high as $5.11 and as low as $4.96, and closed at $5.06. Trading volume was a total of 29.65M shares. On April 19, 2024, ERIC opened at $5.03, traded as high as $5.14 and as low as $5.03, and closed at $5.10. Trading volume was a total of 19.67M shares. On April 22, 2024, ERIC opened at $5.20, traded as high as $5.28 and as low as $5.15, and closed at $5.26. Trading volume was a total of 23.33M 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
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Start date: |
04/24/2014 |
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End date: |
04/22/2024 |
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Start price/share: |
$12.26 |
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End price/share: |
$5.26 |
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Starting shares: |
815.66 |
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Ending shares: |
1,026.73 |
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Dividends reinvested/share: |
$1.94 |
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Total return: |
-45.99% |
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Average Annual Total Return: |
-5.97% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$5,402.45 |
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Years: |
10.00 |
|
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Growth of $10,000.00
Without Dividends Reinvested
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Start date: |
04/24/2014 |
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End date: |
04/22/2024 |
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Start price/share: |
$12.26 |
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End price/share: |
$5.26 |
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Dividends collected/share: |
$1.94 |
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Total return: |
-41.27% |
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Average Annual Total Return: |
-5.18% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$5,874.03 |
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Years: |
10.00 |
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Date |
Close |
04/16/2024 | $4.88 | 04/17/2024 | $4.93 | 04/18/2024 | $5.06 | 04/19/2024 | $5.10 | 04/22/2024 | $5.26 |
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