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 Video: Compound Annual Growth Rate (CAGR) Definition
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| Date |
Open |
High |
Low |
Close |
Volume |
| 04/15/2024 |
$0.25 |
$0.27 |
$0.24 |
$0.24 |
26.10K | | 04/16/2024 |
$0.23 |
$0.24 |
$0.23 |
$0.24 |
20.10K | | 04/17/2024 |
$0.24 |
$0.24 |
$0.22 |
$0.22 |
49.20K | | 04/18/2024 |
$0.24 |
$0.24 |
$0.23 |
$0.23 |
6.30K | | 04/19/2024 |
$0.23 |
$0.23 |
$0.22 |
$0.22 |
8.50K |
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| IT Tech Packaging is a holding company. Through its subsidiaries, Co. is engaged in the production and distribution of three categories of paper products: corrugating medium paper (CMP), offset printing paper and tissue paper products. CMP is used in the manufacturing of cardboards. Offset printing paper is used for offset printing in the publishing industry. Co. processes base tissue paper purchased from long-term cooperative third party and produces finished tissue paper products, including toilet paper, boxed and soft-packed tissues, handkerchief tissues and paper napkins, as well as bathroom and kitchen paper towels that are marketed and sold under the Dongfang Paper brand. | |
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IT Tech Packaging (ITP) has the following price history information. Looking back at ITP historical stock prices for the last five trading days, on April 15, 2024, ITP opened at $0.25, traded as high as $0.27 and as low as $0.24, and closed at $0.24. Trading volume was a total of 26.10K shares. On April 16, 2024, ITP opened at $0.23, traded as high as $0.24 and as low as $0.23, and closed at $0.24. Trading volume was a total of 20.10K shares. On April 17, 2024, ITP opened at $0.24, traded as high as $0.24 and as low as $0.22, and closed at $0.22. Trading volume was a total of 49.20K shares. On April 18, 2024, ITP opened at $0.24, traded as high as $0.24 and as low as $0.23, and closed at $0.23. Trading volume was a total of 6.30K shares. On April 19, 2024, ITP opened at $0.23, traded as high as $0.23 and as low as $0.22, and closed at $0.22. Trading volume was a total of 8.50K shares.
ITP Historical Stock Prices By Date:
Below, we examine the compound annual growth rate — CAGR for short — of an investment into IT Tech Packaging shares, starting with a $10,000 purchase of ITP, 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: |
04/22/2014 |
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| End date: |
04/19/2024 |
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| Start price/share: |
$24.50 |
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| End price/share: |
$0.22 |
|
| Dividends collected/share: |
$0.00 |
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| Total return: |
-99.10% |
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| Average Annual Total Return: |
-37.58% |
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| Starting investment: |
$10,000.00 |
|
| Ending investment: |
$89.79 |
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| Years: |
10.00 |
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| Date |
Close |
| 04/15/2024 | $0.24 | | 04/16/2024 | $0.24 | | 04/17/2024 | $0.22 | | 04/18/2024 | $0.23 | | 04/19/2024 | $0.22 |
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