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Video: Compound Annual Growth Rate (CAGR) Definition
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Date |
Open |
High |
Low |
Close |
Volume |
04/12/2024 |
$19.20 |
$19.40 |
$19.00 |
$19.31 |
34.50K | 04/15/2024 |
$19.21 |
$19.52 |
$19.14 |
$19.14 |
15.40K | 04/16/2024 |
$19.31 |
$19.42 |
$18.81 |
$18.81 |
26.80K | 04/17/2024 |
$18.90 |
$19.10 |
$18.09 |
$18.81 |
28.80K | 04/18/2024 |
$19.01 |
$19.34 |
$18.33 |
$19.00 |
9.90K |
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Friedman Industries is a manufacturer and processor of steel products. Co.'s reportable segments are: coil products and tubular products. The coil product segment consists of the operation of Co.'s hot-rolled coil processing facilities which operate temper mills and and stretcher leveler cut-to-length lines; and Tubular Products, which consists of Co.'s Texas Tubular Products division that operates electric resistance welded pipe mills with a combined outside diameter licensed to manufacture line pipe and oil country pipe and also manufacture pipe for structural purposes that meets other recognized industry standards. | |
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Friedman Industries (FRD) has the following price history information. Looking back at FRD historical stock prices for the last five trading days, on April 12, 2024, FRD opened at $19.20, traded as high as $19.40 and as low as $19.00, and closed at $19.31. Trading volume was a total of 34.50K shares. On April 15, 2024, FRD opened at $19.21, traded as high as $19.52 and as low as $19.14, and closed at $19.14. Trading volume was a total of 15.40K shares. On April 16, 2024, FRD opened at $19.31, traded as high as $19.42 and as low as $18.81, and closed at $18.81. Trading volume was a total of 26.80K shares. On April 17, 2024, FRD opened at $18.90, traded as high as $19.10 and as low as $18.09, and closed at $18.81. Trading volume was a total of 28.80K shares. On April 18, 2024, FRD opened at $19.01, traded as high as $19.34 and as low as $18.33, and closed at $19.00. Trading volume was a total of 9.90K shares.
FRD Historical Stock Prices By Date:
Below, we examine the compound annual growth rate — CAGR for short — of an investment into Friedman Industries shares, starting with a $10,000 purchase of FRD, 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: |
04/22/2014 |
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End date: |
04/18/2024 |
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Start price/share: |
$8.49 |
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End price/share: |
$19.00 |
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Starting shares: |
1,177.86 |
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Ending shares: |
1,311.54 |
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Dividends reinvested/share: |
$0.81 |
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Total return: |
149.19% |
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Average Annual Total Return: |
9.56% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$24,912.17 |
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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: |
04/22/2014 |
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End date: |
04/18/2024 |
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Start price/share: |
$8.49 |
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End price/share: |
$19.00 |
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Dividends collected/share: |
$0.81 |
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Total return: |
133.33% |
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Average Annual Total Return: |
8.84% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$23,323.01 |
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Years: |
10.00 |
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Date |
Close |
04/12/2024 | $19.31 | 04/15/2024 | $19.14 | 04/16/2024 | $18.81 | 04/17/2024 | $18.81 | 04/18/2024 | $19.00 |
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