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Video: Compound Annual Growth Rate (CAGR) Definition
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 |
| Date |
Open |
High |
Low |
Close |
Volume |
| 09/15/2020 |
$16.00 |
$16.04 |
$15.98 |
$15.99 |
14.40K | | 09/16/2020 |
$16.04 |
$16.04 |
$15.99 |
$15.99 |
17.00K | | 09/17/2020 |
$15.99 |
$16.03 |
$15.98 |
$16.00 |
32.20K | | 09/18/2020 |
$16.00 |
$16.00 |
$15.97 |
$15.97 |
480.20K | | 09/21/2020 |
$15.97 |
$16.06 |
$15.97 |
$16.00 |
903.40K |
 |
| Majesco is a provider of cloud insurance software solutions. Co.'s solutions are comprised primarily of: primary insurance software platform solutions for all lines of business in the insurance industry; digital engagement and microservices platform-as-a-service for the entire insurance business; an ecosystem of partner apps that provide data sources and capabilities to extend the primary systems; data and analytics platform including an enterprise data warehouse and business intelligence; distribution management solutions to enable channel compensation and management; and delivery and consulting services that support business transformation implementations and ongoing support needs. | |
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MJCO (MJCO) has the following price history information. Looking back at MJCO historical stock prices for the last five trading days, on September 15, 2020, MJCO opened at $16.00, traded as high as $16.04 and as low as $15.98, and closed at $15.99. Trading volume was a total of 14.40K shares. On September 16, 2020, MJCO opened at $16.04, traded as high as $16.04 and as low as $15.99, and closed at $15.99. Trading volume was a total of 17.00K shares. On September 17, 2020, MJCO opened at $15.99, traded as high as $16.03 and as low as $15.98, and closed at $16.00. Trading volume was a total of 32.20K shares. On September 18, 2020, MJCO opened at $16.00, traded as high as $16.00 and as low as $15.97, and closed at $15.97. Trading volume was a total of 480.20K shares. On September 21, 2020, MJCO opened at $15.97, traded as high as $16.06 and as low as $15.97, and closed at $16.00. Trading volume was a total of 903.40K shares.
MJCO Historical Stock Prices By Date:

Below, we examine the compound annual growth rate — CAGR for short — of an investment into MJCO shares, starting with a $10,000 purchase of MJCO, and working forward through the historical stock price information to today.
Growth of $10,000.00
Without Dividends Reinvested
|
| Start date: |
02/12/2016 |
|
| End date: |
09/21/2020 |
|
| Start price/share: |
$5.65 |
|
| End price/share: |
$16.00 |
|
| Dividends collected/share: |
$0.00 |
|
| Total return: |
183.19% |
|
| Average Annual Total Return: |
25.34% |
|
| Starting investment: |
$10,000.00 |
|
| Ending investment: |
$28,315.15 |
|
| Years: |
4.61 |
|
|
 |
| Date |
Close |
| 09/15/2020 | $15.99 | | 09/16/2020 | $15.99 | | 09/17/2020 | $16.00 | | 09/18/2020 | $15.97 | | 09/21/2020 | $16.00 |
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