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Video: Compound Annual Growth Rate (CAGR) Definition


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Date Open High Low Close Volume
04/29/2024 $1.70 $1.75 $1.66 $1.72 117.80K
04/30/2024 $1.71 $1.73 $1.66 $1.67 92.20K
05/01/2024 $1.70 $1.77 $1.67 $1.74 112.90K
05/02/2024 $1.75 $1.81 $1.70 $1.80 116.10K
05/03/2024 $1.85 $1.86 $1.67 $1.75 177.80K
Fortress Biotech is a biopharmaceutical company focused on acquiring, developing and commercializing pharmaceutical and biotechnology products and product candidates. Through its partner company, Co. markets dermatology products including Qbrexza®, which is a medicated cloth towelette for the treatment of primary axillary hyperhidrosis; Accutane® (isotretinoin) capsule, which is an oral capsule for the treatment of severe recalcitrant nodular acne; Ximino® (minocycline hydrochloride), which is an oral minocycline drug for the treatment of moderate to severe acne; as well as Targadox® (doxycycline hyclate), which is an oral doxycycline drug for adjunctive therapy for severe acne.
FBIO historical stock prices picture
Fortress Biotech (FBIO) has the following price history information. Looking back at FBIO historical stock prices for the last five trading days, on April 29, 2024, FBIO opened at $1.70, traded as high as $1.75 and as low as $1.66, and closed at $1.72. Trading volume was a total of 117.80K shares. On April 30, 2024, FBIO opened at $1.71, traded as high as $1.73 and as low as $1.66, and closed at $1.67. Trading volume was a total of 92.20K shares. On May 01, 2024, FBIO opened at $1.70, traded as high as $1.77 and as low as $1.67, and closed at $1.74. Trading volume was a total of 112.90K shares. On May 02, 2024, FBIO opened at $1.75, traded as high as $1.81 and as low as $1.70, and closed at $1.80. Trading volume was a total of 116.10K shares. On May 03, 2024, FBIO opened at $1.85, traded as high as $1.86 and as low as $1.67, and closed at $1.75. Trading volume was a total of 177.80K shares.

FBIO Historical Stock Prices By Date:

FBIO historical cagr picture

Below, we examine the compound annual growth rate — CAGR for short — of an investment into Fortress Biotech shares, starting with a $10,000 purchase of FBIO, and working forward through the historical stock price information to today.

Growth of $10,000.00
Without Dividends Reinvested

Start date: 05/06/2014
End date: 05/03/2024
Start price/share: $24.30
End price/share: $1.75
Dividends collected/share: $0.00
Total return: -92.80%
Average Annual Total Return: -23.13%
Starting investment: $10,000.00
Ending investment: $720.39
Years: 10.00
Date Close
04/29/2024$1.72
04/30/2024$1.67
05/01/2024$1.74
05/02/2024$1.80
05/03/2024$1.75

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