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Video: Compound Annual Growth Rate (CAGR) Definition
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Date |
Open |
High |
Low |
Close |
Volume |
04/12/2024 |
$1.92 |
$2.15 |
$1.92 |
$1.98 |
289.00K | 04/15/2024 |
$2.00 |
$2.07 |
$1.97 |
$1.98 |
148.40K | 04/16/2024 |
$2.03 |
$2.03 |
$1.86 |
$1.89 |
68.90K | 04/17/2024 |
$1.90 |
$1.96 |
$1.87 |
$1.90 |
25.40K | 04/18/2024 |
$1.88 |
$1.92 |
$1.83 |
$1.91 |
24.30K |
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Independence Contract Drilling provides land-based contract drilling services for oil and natural gas producers targeting unconventional resource plays in the U.S. Co. owns and operates a fleet comprised of drilling rigs. Co.'s rig fleet includes various AC powered rigs plus additional AC rigs. Co.'s rigs are operating in the Permian Basin, the Haynesville Shale and the Eagle Ford Shale. | |
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Independence Contract Drilling (ICD) has the following price history information. Looking back at ICD historical stock prices for the last five trading days, on April 12, 2024, ICD opened at $1.92, traded as high as $2.15 and as low as $1.92, and closed at $1.98. Trading volume was a total of 289.00K shares. On April 15, 2024, ICD opened at $2.00, traded as high as $2.07 and as low as $1.97, and closed at $1.98. Trading volume was a total of 148.40K shares. On April 16, 2024, ICD opened at $2.03, traded as high as $2.03 and as low as $1.86, and closed at $1.89. Trading volume was a total of 68.90K shares. On April 17, 2024, ICD opened at $1.90, traded as high as $1.96 and as low as $1.87, and closed at $1.90. Trading volume was a total of 25.40K shares. On April 18, 2024, ICD opened at $1.88, traded as high as $1.92 and as low as $1.83, and closed at $1.91. Trading volume was a total of 24.30K shares.
ICD Historical Stock Prices By Date:
Below, we examine the compound annual growth rate — CAGR for short — of an investment into Independence Contract Drilling shares, starting with a $10,000 purchase of ICD, 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: |
08/11/2014 |
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End date: |
04/18/2024 |
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Start price/share: |
$221.40 |
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End price/share: |
$1.91 |
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Dividends collected/share: |
$0.00 |
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Total return: |
-99.14% |
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Average Annual Total Return: |
-38.76% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$86.24 |
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Years: |
9.69 |
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Date |
Close |
04/12/2024 | $1.98 | 04/15/2024 | $1.98 | 04/16/2024 | $1.89 | 04/17/2024 | $1.90 | 04/18/2024 | $1.91 |
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