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Video: Compound Annual Growth Rate (CAGR) Definition
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Date |
Open |
High |
Low |
Close |
Volume |
04/18/2024 |
$19.01 |
$19.34 |
$18.33 |
$19.00 |
9.90K | 04/19/2024 |
$19.00 |
$19.25 |
$18.74 |
$18.77 |
7.70K | 04/22/2024 |
$18.66 |
$19.43 |
$18.41 |
$19.01 |
10.50K | 04/23/2024 |
$19.29 |
$19.46 |
$19.15 |
$19.45 |
10.60K | 04/24/2024 |
$19.46 |
$19.46 |
$19.15 |
$19.45 |
13.30K |
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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 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. On April 19, 2024, FRD opened at $19.00, traded as high as $19.25 and as low as $18.74, and closed at $18.77. Trading volume was a total of 7.70K shares. On April 22, 2024, FRD opened at $18.66, traded as high as $19.43 and as low as $18.41, and closed at $19.01. Trading volume was a total of 10.50K shares. On April 23, 2024, FRD opened at $19.29, traded as high as $19.46 and as low as $19.15, and closed at $19.45. Trading volume was a total of 10.60K shares. On April 24, 2024, FRD opened at $19.46, traded as high as $19.46 and as low as $19.15, and closed at $19.45. Trading volume was a total of 13.30K 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: |
04/28/2014 |
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End date: |
04/24/2024 |
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Start price/share: |
$8.40 |
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End price/share: |
$19.45 |
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Starting shares: |
1,190.48 |
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Ending shares: |
1,322.48 |
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Dividends reinvested/share: |
$0.79 |
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Total return: |
157.22% |
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Average Annual Total Return: |
9.91% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$25,719.33 |
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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: |
04/28/2014 |
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End date: |
04/24/2024 |
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Start price/share: |
$8.40 |
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End price/share: |
$19.45 |
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Dividends collected/share: |
$0.79 |
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Total return: |
140.95% |
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Average Annual Total Return: |
9.20% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$24,105.81 |
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Years: |
10.00 |
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Date |
Close |
04/18/2024 | $19.00 | 04/19/2024 | $18.77 | 04/22/2024 | $19.01 | 04/23/2024 | $19.45 | 04/24/2024 | $19.45 |
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