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 Video: Compound Annual Growth Rate (CAGR) Definition
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| Date |
Open |
High |
Low |
Close |
Volume |
| 02/17/2023 |
$1.02 |
$1.02 |
$0.97 |
$1.00 |
183.30K | | 02/21/2023 |
$0.97 |
$1.00 |
$0.90 |
$0.90 |
442.60K | | 02/22/2023 |
$0.90 |
$1.00 |
$0.86 |
$0.89 |
559.30K | | 02/23/2023 |
$0.89 |
$0.94 |
$0.87 |
$0.90 |
195.80K | | 02/24/2023 |
$0.90 |
$0.94 |
$0.88 |
$0.93 |
186.00K |
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| MICT is a holding company. Through its operating subsidiaries and variable interest entities, Co. is a financial technology company focusing on Chinese marketplace. Co. has built and/or, are in the process of building, various platforms to capitalize on business opportunities in a range of verticals and technology segments including stock trading and wealth management and insurance brokerage services. Co.'s subsidiary, GFH Intermediate Holdings Ltd., has built various platforms to capitalize on business opportunities in a range of verticals and technology segments, which include stock trading and wealth management, commodities in segments of oil and gas trading and insurance brokerage. | |
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MICT (MICT) has the following price history information. Looking back at MICT historical stock prices for the last five trading days, on February 17, 2023, MICT opened at $1.02, traded as high as $1.02 and as low as $0.97, and closed at $1.00. Trading volume was a total of 183.30K shares. On February 21, 2023, MICT opened at $0.97, traded as high as $1.00 and as low as $0.90, and closed at $0.90. Trading volume was a total of 442.60K shares. On February 22, 2023, MICT opened at $0.90, traded as high as $1.00 and as low as $0.86, and closed at $0.89. Trading volume was a total of 559.30K shares. On February 23, 2023, MICT opened at $0.89, traded as high as $0.94 and as low as $0.87, and closed at $0.90. Trading volume was a total of 195.80K shares. On February 24, 2023, MICT opened at $0.90, traded as high as $0.94 and as low as $0.88, and closed at $0.93. Trading volume was a total of 186.00K shares.
MICT Historical Stock Prices By Date:
Below, we examine the compound annual growth rate — CAGR for short — of an investment into MICT shares, starting with a $10,000 purchase of MICT, 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: |
04/25/2014 |
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| End date: |
02/24/2023 |
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| Start price/share: |
$4.22 |
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| End price/share: |
$0.93 |
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| Dividends collected/share: |
$0.00 |
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| Total return: |
-78.06% |
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| Average Annual Total Return: |
-15.76% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$2,195.33 |
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| Years: |
8.84 |
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| Date |
Close |
| 02/17/2023 | $1.00 | | 02/21/2023 | $0.90 | | 02/22/2023 | $0.89 | | 02/23/2023 | $0.90 | | 02/24/2023 | $0.93 |
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