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 Video: Compound Annual Growth Rate (CAGR) Definition
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| Date |
Open |
High |
Low |
Close |
Volume |
| 05/25/2023 |
$10.98 |
$10.98 |
$10.97 |
$10.97 |
1.01M | | 05/26/2023 |
$10.98 |
$10.99 |
$10.98 |
$10.98 |
1.92M | | 05/30/2023 |
$10.98 |
$10.99 |
$10.98 |
$10.99 |
1.92M | | 05/31/2023 |
$10.99 |
$11.00 |
$10.99 |
$10.99 |
4.58M | | 06/01/2023 |
$10.99 |
$10.99 |
$10.99 |
$10.99 |
0 |
|
|
| MoneyGram International is engaged in cross-border peer-to-peer payments and money transfers. Co. has additional offerings which include bill payment services, money order services, and official check processing. Co. manages its business primarily through two segments: Global Funds Transfer, which provides money transfer services and bill payment services principally as an alternative to banking services; and Financial Paper Products, which provides money orders to consumers through its agents and financial institutions located throughout the U.S. and Puerto Rico and provides official check outsourcing services for banks and credit unions across the U.S. | |
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MGI (MGI) has the following price history information. Looking back at MGI historical stock prices for the last five trading days, on May 25, 2023, MGI opened at $10.98, traded as high as $10.98 and as low as $10.97, and closed at $10.97. Trading volume was a total of 1.01M shares. On May 26, 2023, MGI opened at $10.98, traded as high as $10.99 and as low as $10.98, and closed at $10.98. Trading volume was a total of 1.92M shares. On May 30, 2023, MGI opened at $10.98, traded as high as $10.99 and as low as $10.98, and closed at $10.99. Trading volume was a total of 1.92M shares. On May 31, 2023, MGI opened at $10.99, traded as high as $11.00 and as low as $10.99, and closed at $10.99. Trading volume was a total of 4.58M shares. On June 01, 2023, MGI opened at $10.99, traded as high as $10.99 and as low as $10.99, and closed at $10.99. Trading volume was a total of 0 shares.
MGI Historical Stock Prices By Date:
Below, we examine the compound annual growth rate — CAGR for short — of an investment into MGI shares, starting with a $10,000 purchase of MGI, 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: |
04/21/2015 |
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| End date: |
06/01/2023 |
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| Start price/share: |
$8.09 |
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| End price/share: |
$10.99 |
|
| Dividends collected/share: |
$0.00 |
|
| Total return: |
35.85% |
|
| Average Annual Total Return: |
3.85% |
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| Starting investment: |
$10,000.00 |
|
| Ending investment: |
$13,588.92 |
|
| Years: |
8.12 |
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|
|
| Date |
Close |
| 05/25/2023 | $10.97 | | 05/26/2023 | $10.98 | | 05/30/2023 | $10.99 | | 05/31/2023 | $10.99 | | 06/01/2023 | $10.99 |
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