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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 |
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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. | |
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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:
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
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Start date: |
05/06/2014 |
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End date: |
05/03/2024 |
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Start price/share: |
$24.30 |
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End price/share: |
$1.75 |
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Dividends collected/share: |
$0.00 |
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Total return: |
-92.80% |
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Average Annual Total Return: |
-23.13% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$720.39 |
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Years: |
10.00 |
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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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