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Video: Compound Annual Growth Rate (CAGR) Definition
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 |
Date |
Open |
High |
Low |
Close |
Volume |
12/28/2017 |
$2.56 |
$2.72 |
$2.52 |
$2.66 |
297.60K | 12/29/2017 |
$2.65 |
$2.87 |
$2.61 |
$2.61 |
1.04M | 01/02/2018 |
$2.70 |
$2.99 |
$2.61 |
$2.92 |
896.20K | 01/03/2018 |
$2.93 |
$3.23 |
$2.92 |
$3.20 |
968.70K | 01/04/2018 |
$3.25 |
$3.25 |
$2.95 |
$3.04 |
390.50K |
 |
Inotek Pharmaceuticals is a clinical-stage biopharmaceutical company engaged in discovering, developing and commercializing therapies for glaucoma and other diseases of the eye. Glaucoma is a disease of the eye that is characterized by structural evidence of optic nerve damage, vision loss and consistently elevated intraocular pressure (IOP). Co.'s main product candidate, trabodenoson, is a selective adenosine mimetic that Co. designed to lower IOP by restoring the eye's natural pressure control mechanism. Co. developed this molecule to selectively stimulate a particular adenosine subreceptor in the eye with the effect of augmenting the intrinsic function of the eye's trabecular meshwork. | |
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ITEK (ITEK) has the following price history information. Looking back at ITEK historical stock prices for the last five trading days, on December 28, 2017, ITEK opened at $2.56, traded as high as $2.72 and as low as $2.52, and closed at $2.66. Trading volume was a total of 297.60K shares. On December 29, 2017, ITEK opened at $2.65, traded as high as $2.87 and as low as $2.61, and closed at $2.61. Trading volume was a total of 1.04M shares. On January 02, 2018, ITEK opened at $2.70, traded as high as $2.99 and as low as $2.61, and closed at $2.92. Trading volume was a total of 896.20K shares. On January 03, 2018, ITEK opened at $2.93, traded as high as $3.23 and as low as $2.92, and closed at $3.20. Trading volume was a total of 968.70K shares. On January 04, 2018, ITEK opened at $3.25, traded as high as $3.25 and as low as $2.95, and closed at $3.04. Trading volume was a total of 390.50K shares.
ITEK Historical Stock Prices By Date:

Below, we examine the compound annual growth rate — CAGR for short — of an investment into ITEK shares, starting with a $10,000 purchase of ITEK, and working forward through the historical stock price information to today.
Growth of $10,000.00
Without Dividends Reinvested
|
Start date: |
02/19/2015 |
|
End date: |
01/04/2018 |
|
Start price/share: |
$6.05 |
|
End price/share: |
$3.04 |
|
Dividends collected/share: |
$0.00 |
|
Total return: |
-49.75% |
|
Average Annual Total Return: |
-21.28% |
|
Starting investment: |
$10,000.00 |
|
Ending investment: |
$5,024.20 |
|
Years: |
2.88 |
|
|
 |
Date |
Close |
12/28/2017 | $2.66 | 12/29/2017 | $2.61 | 01/02/2018 | $2.92 | 01/03/2018 | $3.20 | 01/04/2018 | $3.04 |
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