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Video: Compound Annual Growth Rate (CAGR) Definition
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Date |
Open |
High |
Low |
Close |
Volume |
04/19/2024 |
$51.03 |
$51.56 |
$49.94 |
$50.35 |
1.06M | 04/22/2024 |
$50.66 |
$51.58 |
$50.46 |
$51.25 |
967.60K | 04/23/2024 |
$51.52 |
$51.65 |
$51.02 |
$51.27 |
900.50K | 04/24/2024 |
$51.08 |
$51.99 |
$51.05 |
$51.44 |
883.80K | 04/25/2024 |
$51.34 |
$51.40 |
$50.02 |
$50.37 |
613.30K |
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Globus Medical is a medical device company that develops and commercializes healthcare solutions for patients with musculoskeletal disorders. Co. focuses on medical device development and delivering service to hospitals, ambulatory surgery centers and physicians. Co.'s product categories are: Musculoskeletal Solutions, which include implantable devices, biologics, accessories, and surgical instruments used in a range of spinal, orthopedic and neurosurgical procedures; and Enabling Technologies, which include imaging, navigation and robotics solutions for assisted surgery which are computer-assisted intelligent systems designed to improve a surgeon's capabilities and improve patient care. | |
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Globus Medical (GMED) has the following price history information. Looking back at GMED historical stock prices for the last five trading days, on April 19, 2024, GMED opened at $51.03, traded as high as $51.56 and as low as $49.94, and closed at $50.35. Trading volume was a total of 1.06M shares. On April 22, 2024, GMED opened at $50.66, traded as high as $51.58 and as low as $50.46, and closed at $51.25. Trading volume was a total of 967.60K shares. On April 23, 2024, GMED opened at $51.52, traded as high as $51.65 and as low as $51.02, and closed at $51.27. Trading volume was a total of 900.50K shares. On April 24, 2024, GMED opened at $51.08, traded as high as $51.99 and as low as $51.05, and closed at $51.44. Trading volume was a total of 883.80K shares. On April 25, 2024, GMED opened at $51.34, traded as high as $51.40 and as low as $50.02, and closed at $50.37. Trading volume was a total of 613.30K shares.
GMED Historical Stock Prices By Date:
Below, we examine the compound annual growth rate — CAGR for short — of an investment into Globus Medical shares, starting with a $10,000 purchase of GMED, 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: |
04/28/2014 |
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End date: |
04/25/2024 |
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Start price/share: |
$23.01 |
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End price/share: |
$50.37 |
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Dividends collected/share: |
$0.00 |
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Total return: |
118.90% |
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Average Annual Total Return: |
8.15% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$21,890.98 |
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Years: |
10.00 |
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|
|
Date |
Close |
04/19/2024 | $50.35 | 04/22/2024 | $51.25 | 04/23/2024 | $51.27 | 04/24/2024 | $51.44 | 04/25/2024 | $50.37 |
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