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 Video: Compound Annual Growth Rate (CAGR) Definition
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| Date |
Open |
High |
Low |
Close |
Volume |
| 03/21/2023 |
$2.01 |
$2.25 |
$2.01 |
$2.03 |
25.30K | | 03/22/2023 |
$2.02 |
$2.11 |
$2.01 |
$2.07 |
11.50K | | 03/23/2023 |
$2.12 |
$2.12 |
$1.99 |
$2.09 |
4.80K | | 03/24/2023 |
$2.11 |
$2.14 |
$2.05 |
$2.08 |
7.60K | | 03/27/2023 |
$2.06 |
$2.07 |
$2.01 |
$2.07 |
2.30K |
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|
| IRIDEX is an ophthalmic medical technology company focused on the development and commercialization of products and procedures used to treat sight-threatening eye conditions, including glaucoma and retinal diseases. Certain of Co.'s laser products are powered by its proprietary MicroPulse™ technology. Co. provides three product categories: laser consoles; delivery devices which are optical-mechanical products that mount to ophthalmologist's diagnostic equipment and transmit the laser; and single-use disposable probes that transmit the laser light to a targeted region inside the eye. | |
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IRIDEX (IRIX) has the following price history information. Looking back at IRIX historical stock prices for the last five trading days, on March 21, 2023, IRIX opened at $2.01, traded as high as $2.25 and as low as $2.01, and closed at $2.03. Trading volume was a total of 25.30K shares. On March 22, 2023, IRIX opened at $2.02, traded as high as $2.11 and as low as $2.01, and closed at $2.07. Trading volume was a total of 11.50K shares. On March 23, 2023, IRIX opened at $2.12, traded as high as $2.12 and as low as $1.99, and closed at $2.09. Trading volume was a total of 4.80K shares. On March 24, 2023, IRIX opened at $2.11, traded as high as $2.14 and as low as $2.05, and closed at $2.08. Trading volume was a total of 7.60K shares. On March 27, 2023, IRIX opened at $2.06, traded as high as $2.07 and as low as $2.01, and closed at $2.07. Trading volume was a total of 2.30K shares.
IRIX Historical Stock Prices By Date:
Below, we examine the compound annual growth rate — CAGR for short — of an investment into IRIDEX shares, starting with a $10,000 purchase of IRIX, 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: |
04/01/2013 |
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| End date: |
03/27/2023 |
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| Start price/share: |
$4.40 |
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| End price/share: |
$2.07 |
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| Dividends collected/share: |
$0.00 |
|
| Total return: |
-52.95% |
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| Average Annual Total Return: |
-7.27% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$4,704.05 |
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| Years: |
9.99 |
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|
| Date |
Close |
| 03/21/2023 | $2.03 | | 03/22/2023 | $2.07 | | 03/23/2023 | $2.09 | | 03/24/2023 | $2.08 | | 03/27/2023 | $2.07 |
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