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Video: Compound Annual Growth Rate (CAGR) Definition
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Date |
Open |
High |
Low |
Close |
Volume |
04/19/2024 |
$26.25 |
$27.43 |
$26.25 |
$27.40 |
1.57M | 04/22/2024 |
$27.46 |
$28.29 |
$27.00 |
$28.11 |
1.83M | 04/23/2024 |
$27.85 |
$28.80 |
$27.75 |
$28.74 |
1.63M | 04/24/2024 |
$28.55 |
$29.46 |
$28.51 |
$29.28 |
2.00M | 04/25/2024 |
$29.14 |
$29.72 |
$28.90 |
$29.69 |
1.74M |
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Iridium Communications provides voice and data communications services to businesses, the U.S. and foreign governments, non-governmental organizations and consumers via its satellite network. Co.'s commercial services include: Postpaid Mobile Voice and Data Satellite Communications Services, Iridium Push-To-Talk Service, and Internet of ThingsShort Burst Data services. Co. provides U.S. government customers bulk access to its services, including voice, netted voice, data, messaging and paging services, as well as maintenance services for the U.S. government's gateway. Co.'s products include: Satellite Handsets and Iridium GO!, and Broadband Data Devices. | |
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Iridium Communications (IRDM) has the following price history information. Looking back at IRDM historical stock prices for the last five trading days, on April 19, 2024, IRDM opened at $26.25, traded as high as $27.43 and as low as $26.25, and closed at $27.40. Trading volume was a total of 1.57M shares. On April 22, 2024, IRDM opened at $27.46, traded as high as $28.29 and as low as $27.00, and closed at $28.11. Trading volume was a total of 1.83M shares. On April 23, 2024, IRDM opened at $27.85, traded as high as $28.80 and as low as $27.75, and closed at $28.74. Trading volume was a total of 1.63M shares. On April 24, 2024, IRDM opened at $28.55, traded as high as $29.46 and as low as $28.51, and closed at $29.28. Trading volume was a total of 2.00M shares. On April 25, 2024, IRDM opened at $29.14, traded as high as $29.72 and as low as $28.90, and closed at $29.69. Trading volume was a total of 1.74M shares.
IRDM Historical Stock Prices By Date:
Below, we examine the compound annual growth rate — CAGR for short — of an investment into Iridium Communications shares, starting with a $10,000 purchase of IRDM, 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: |
04/29/2014 |
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End date: |
04/25/2024 |
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Start price/share: |
$6.65 |
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End price/share: |
$29.69 |
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Starting shares: |
1,503.76 |
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Ending shares: |
1,526.26 |
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Dividends reinvested/share: |
$0.65 |
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Total return: |
353.15% |
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Average Annual Total Return: |
16.32% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$45,327.74 |
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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: |
04/29/2014 |
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End date: |
04/25/2024 |
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Start price/share: |
$6.65 |
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End price/share: |
$29.69 |
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Dividends collected/share: |
$0.65 |
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Total return: |
356.24% |
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Average Annual Total Return: |
16.40% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$45,640.37 |
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Years: |
10.00 |
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Date |
Close |
04/19/2024 | $27.40 | 04/22/2024 | $28.11 | 04/23/2024 | $28.74 | 04/24/2024 | $29.28 | 04/25/2024 | $29.69 |
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