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Video: Compound Annual Growth Rate (CAGR) Definition
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Date |
Open |
High |
Low |
Close |
Volume |
04/15/2024 |
$15.19 |
$16.24 |
$14.77 |
$14.83 |
1.84M | 04/16/2024 |
$13.74 |
$14.59 |
$13.18 |
$13.39 |
2.03M | 04/17/2024 |
$13.46 |
$13.63 |
$12.01 |
$12.17 |
2.09M | 04/18/2024 |
$12.19 |
$12.32 |
$11.88 |
$11.98 |
958.70K | 04/19/2024 |
$11.83 |
$12.23 |
$11.83 |
$12.18 |
1.03M |
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Mitek Systems is a software development company with capabilities in artificial intelligence (AI) and machine learning. Co. is engaged in the development, sale, and service of its software solutions related to mobile image capture and identity verification. Co.'s digital technology solutions include: a software development kit for mobile image capture and a cloud software platform which uses AI and machine learning to classify and extract data to enable mobile check deposit as well as aid the authentication of identity documents including passports, identity cards, and driver's licenses using a camera-equipped device. | |
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Mitek Systems (MITK) has the following price history information. Looking back at MITK historical stock prices for the last five trading days, on April 15, 2024, MITK opened at $15.19, traded as high as $16.24 and as low as $14.77, and closed at $14.83. Trading volume was a total of 1.84M shares. On April 16, 2024, MITK opened at $13.74, traded as high as $14.59 and as low as $13.18, and closed at $13.39. Trading volume was a total of 2.03M shares. On April 17, 2024, MITK opened at $13.46, traded as high as $13.63 and as low as $12.01, and closed at $12.17. Trading volume was a total of 2.09M shares. On April 18, 2024, MITK opened at $12.19, traded as high as $12.32 and as low as $11.88, and closed at $11.98. Trading volume was a total of 958.70K shares. On April 19, 2024, MITK opened at $11.83, traded as high as $12.23 and as low as $11.83, and closed at $12.18. Trading volume was a total of 1.03M shares.
MITK Historical Stock Prices By Date:
Below, we examine the compound annual growth rate — CAGR for short — of an investment into Mitek Systems shares, starting with a $10,000 purchase of MITK, 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: |
$3.53 |
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End price/share: |
$12.18 |
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Dividends collected/share: |
$0.00 |
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Total return: |
245.04% |
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Average Annual Total Return: |
13.18% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$34,490.29 |
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Years: |
10.00 |
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Date |
Close |
04/15/2024 | $14.83 | 04/16/2024 | $13.39 | 04/17/2024 | $12.17 | 04/18/2024 | $11.98 | 04/19/2024 | $12.18 |
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