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 Video: Compound Annual Growth Rate (CAGR) Definition
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| Date |
Open |
High |
Low |
Close |
Volume |
| 11/26/2018 |
$10.98 |
$11.08 |
$10.98 |
$11.07 |
2.12M | | 11/27/2018 |
$11.07 |
$11.09 |
$11.06 |
$11.09 |
5.22M | | 11/28/2018 |
$11.09 |
$11.14 |
$11.08 |
$11.13 |
3.73M | | 11/29/2018 |
$11.12 |
$11.15 |
$11.12 |
$11.14 |
1.95M | | 11/30/2018 |
$11.14 |
$11.16 |
$11.14 |
$11.15 |
8.86M |
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| Mitel Networks is a provider of cloud and enterprise communications and collaboration solutions. Co.'s segments include: Cloud, which provides a range of private, public, hybrid and mobile Software as a Service solutions for businesses as well as cloud-based telephone and network services in the U.S.; and Enterprise, which provides a range of unified communications and collaboration solutions, which address and support the spectrum of technology specifications - from digital to IP to cloud to mobile, and from platforms to applications to end-user devices. Co.'s enterprise solutions include its virtualization capabilities and desktop and mobile applications. | |
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MITL (MITL) has the following price history information. Looking back at MITL historical stock prices for the last five trading days, on November 26, 2018, MITL opened at $10.98, traded as high as $11.08 and as low as $10.98, and closed at $11.07. Trading volume was a total of 2.12M shares. On November 27, 2018, MITL opened at $11.07, traded as high as $11.09 and as low as $11.06, and closed at $11.09. Trading volume was a total of 5.22M shares. On November 28, 2018, MITL opened at $11.09, traded as high as $11.14 and as low as $11.08, and closed at $11.13. Trading volume was a total of 3.73M shares. On November 29, 2018, MITL opened at $11.12, traded as high as $11.15 and as low as $11.12, and closed at $11.14. Trading volume was a total of 1.95M shares. On November 30, 2018, MITL opened at $11.14, traded as high as $11.16 and as low as $11.14, and closed at $11.15. Trading volume was a total of 8.86M shares.
MITL Historical Stock Prices By Date:
Below, we examine the compound annual growth rate — CAGR for short — of an investment into MITL shares, starting with a $10,000 purchase of MITL, 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: |
02/12/2016 |
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| End date: |
11/30/2018 |
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| Start price/share: |
$6.56 |
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| End price/share: |
$11.15 |
|
| Dividends collected/share: |
$0.00 |
|
| Total return: |
69.97% |
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| Average Annual Total Return: |
20.86% |
|
| Starting investment: |
$10,000.00 |
|
| Ending investment: |
$16,997.74 |
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| Years: |
2.80 |
|
|
|
| Date |
Close |
| 11/26/2018 | $11.07 | | 11/27/2018 | $11.09 | | 11/28/2018 | $11.13 | | 11/29/2018 | $11.14 | | 11/30/2018 | $11.15 |
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