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Video: Compound Annual Growth Rate (CAGR) Definition
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Date |
Open |
High |
Low |
Close |
Volume |
04/17/2024 |
$0.35 |
$0.38 |
$0.34 |
$0.37 |
46.30K | 04/18/2024 |
$0.36 |
$0.38 |
$0.36 |
$0.38 |
27.10K | 04/19/2024 |
$0.38 |
$0.38 |
$0.37 |
$0.37 |
19.20K | 04/22/2024 |
$0.37 |
$0.37 |
$0.35 |
$0.36 |
64.30K | 04/23/2024 |
$0.36 |
$0.36 |
$0.35 |
$0.36 |
65.30K |
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Galmed Pharmaceuticals is a clinical-stage biopharmaceutical company focused on the development of Aramchol, a liver targeted stearoyl-coenzyme A desaturase-1 modulator oral therapy for the treatment of non-alcoholic steato-hepatitis (NASH) for various populations. Co. is also collaborating with the Hebrew University in the development of Amilo-5MER, a 5 amino acid synthetic peptide. Co.'s product candidate, Aramchol, is a synthetic fatty acid-bile acid conjugate molecule that Co. is developing for oral treatment for NASH in patients who are overweight or obese and have prediabetes or type II diabetes mellitus. | |
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Galmed Pharmaceuticals (GLMD) has the following price history information. Looking back at GLMD historical stock prices for the last five trading days, on April 17, 2024, GLMD opened at $0.35, traded as high as $0.38 and as low as $0.34, and closed at $0.37. Trading volume was a total of 46.30K shares. On April 18, 2024, GLMD opened at $0.36, traded as high as $0.38 and as low as $0.36, and closed at $0.38. Trading volume was a total of 27.10K shares. On April 19, 2024, GLMD opened at $0.38, traded as high as $0.38 and as low as $0.37, and closed at $0.37. Trading volume was a total of 19.20K shares. On April 22, 2024, GLMD opened at $0.37, traded as high as $0.37 and as low as $0.35, and closed at $0.36. Trading volume was a total of 64.30K shares. On April 23, 2024, GLMD opened at $0.36, traded as high as $0.36 and as low as $0.35, and closed at $0.36. Trading volume was a total of 65.30K shares.
GLMD Historical Stock Prices By Date:
Below, we examine the compound annual growth rate — CAGR for short — of an investment into Galmed Pharmaceuticals shares, starting with a $10,000 purchase of GLMD, 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: |
04/25/2014 |
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End date: |
04/23/2024 |
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Start price/share: |
$9.00 |
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End price/share: |
$0.36 |
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Dividends collected/share: |
$0.00 |
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Total return: |
-95.99% |
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Average Annual Total Return: |
-27.50% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$400.86 |
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Years: |
10.00 |
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Date |
Close |
04/17/2024 | $0.37 | 04/18/2024 | $0.38 | 04/19/2024 | $0.37 | 04/22/2024 | $0.36 | 04/23/2024 | $0.36 |
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