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Video: Compound Annual Growth Rate (CAGR) Definition
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Date |
Open |
High |
Low |
Close |
Volume |
04/26/2024 |
$1.70 |
$1.73 |
$1.67 |
$1.71 |
871.40K | 04/29/2024 |
$1.69 |
$1.76 |
$1.68 |
$1.75 |
900.10K | 04/30/2024 |
$1.73 |
$1.73 |
$1.65 |
$1.68 |
807.60K | 05/01/2024 |
$1.67 |
$1.71 |
$1.67 |
$1.68 |
254.30K | 05/02/2024 |
$1.73 |
$1.79 |
$1.70 |
$1.78 |
846.70K |
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LexinFintech Holdings is a holding company. Through its subsidiaries, Co. provides an online consumption and consumer finance platform for consumers in the People's Republic of China. Co. provides a range of services including financial technology services, membership benefits, and a point redemption system through its Fenqile ecommerce platform and membership platform. Co. works with financial institutions and both online and offline brands and retailers. Co.'s platform, Fenqile, provides an array of products and services as well as credit lines. Co. provides a variety of products on its e-commerce channel and allow users to directly use their credit lines to finance purchases. | |
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LexinFintech Holdings (LX) has the following price history information. Looking back at LX historical stock prices for the last five trading days, on April 26, 2024, LX opened at $1.70, traded as high as $1.73 and as low as $1.67, and closed at $1.71. Trading volume was a total of 871.40K shares. On April 29, 2024, LX opened at $1.69, traded as high as $1.76 and as low as $1.68, and closed at $1.75. Trading volume was a total of 900.10K shares. On April 30, 2024, LX opened at $1.73, traded as high as $1.73 and as low as $1.65, and closed at $1.68. Trading volume was a total of 807.60K shares. On May 01, 2024, LX opened at $1.67, traded as high as $1.71 and as low as $1.67, and closed at $1.68. Trading volume was a total of 254.30K shares. On May 02, 2024, LX opened at $1.73, traded as high as $1.79 and as low as $1.70, and closed at $1.78. Trading volume was a total of 846.70K shares.
LX Historical Stock Prices By Date:
Below, we examine the compound annual growth rate — CAGR for short — of an investment into LexinFintech Holdings shares, starting with a $10,000 purchase of LX, 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: |
12/22/2017 |
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End date: |
05/02/2024 |
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Start price/share: |
$1.42 |
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End price/share: |
$1.78 |
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Starting shares: |
7,042.25 |
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Ending shares: |
7,705.63 |
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Dividends reinvested/share: |
$0.18 |
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Total return: |
37.16% |
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Average Annual Total Return: |
5.09% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$13,714.06 |
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Years: |
6.36 |
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Growth of $10,000.00
Without Dividends Reinvested
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Start date: |
12/22/2017 |
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End date: |
05/02/2024 |
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Start price/share: |
$1.42 |
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End price/share: |
$1.78 |
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Dividends collected/share: |
$0.18 |
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Total return: |
38.17% |
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Average Annual Total Return: |
5.21% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$13,813.98 |
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Years: |
6.36 |
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Date |
Close |
04/26/2024 | $1.71 | 04/29/2024 | $1.75 | 04/30/2024 | $1.68 | 05/01/2024 | $1.68 | 05/02/2024 | $1.78 |
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