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Video: Compound Annual Growth Rate (CAGR) Definition
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Date |
Open |
High |
Low |
Close |
Volume |
04/17/2024 |
$2.46 |
$2.59 |
$2.31 |
$2.50 |
31.30K | 04/18/2024 |
$2.52 |
$2.78 |
$2.45 |
$2.67 |
22.70K | 04/19/2024 |
$2.68 |
$2.83 |
$2.55 |
$2.59 |
70.00K | 04/22/2024 |
$2.60 |
$2.75 |
$2.44 |
$2.75 |
40.00K | 04/23/2024 |
$2.75 |
$2.98 |
$2.75 |
$2.81 |
56.30K |
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LM Funding America is a finance company that provides funding to nonprofit community associations. Co. provides incorporated nonprofit community associations (Associations) a variety of financial products customized to each Association's financial needs. Co.'s original product offering consists of providing funding to Associations by purchasing their rights under delinquent accounts. Co. provides funding against such delinquent accounts (Accounts), in exchange for a portion of the proceeds from the account debtors on the Accounts. Co. has started purchasing Accounts on varying terms tailored to suit each Association's financial needs, including under its New Neighbor Guaranty program. | |
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LM Funding America (LMFA) has the following price history information. Looking back at LMFA historical stock prices for the last five trading days, on April 17, 2024, LMFA opened at $2.46, traded as high as $2.59 and as low as $2.31, and closed at $2.50. Trading volume was a total of 31.30K shares. On April 18, 2024, LMFA opened at $2.52, traded as high as $2.78 and as low as $2.45, and closed at $2.67. Trading volume was a total of 22.70K shares. On April 19, 2024, LMFA opened at $2.68, traded as high as $2.83 and as low as $2.55, and closed at $2.59. Trading volume was a total of 70.00K shares. On April 22, 2024, LMFA opened at $2.60, traded as high as $2.75 and as low as $2.44, and closed at $2.75. Trading volume was a total of 40.00K shares. On April 23, 2024, LMFA opened at $2.75, traded as high as $2.98 and as low as $2.75, and closed at $2.81. Trading volume was a total of 56.30K shares.
LMFA Historical Stock Prices By Date:
Below, we examine the compound annual growth rate — CAGR for short — of an investment into LM Funding America shares, starting with a $10,000 purchase of LMFA, 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: |
12/18/2015 |
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End date: |
04/23/2024 |
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Start price/share: |
$2,703.00 |
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End price/share: |
$2.81 |
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Dividends collected/share: |
$0.00 |
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Total return: |
-99.90% |
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Average Annual Total Return: |
-56.07% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$10.39 |
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Years: |
8.35 |
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Date |
Close |
04/17/2024 | $2.50 | 04/18/2024 | $2.67 | 04/19/2024 | $2.59 | 04/22/2024 | $2.75 | 04/23/2024 | $2.81 |
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