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Video: Compound Annual Growth Rate (CAGR) Definition
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Date |
Open |
High |
Low |
Close |
Volume |
04/18/2024 |
$17.15 |
$17.51 |
$16.97 |
$17.50 |
233.30K | 04/19/2024 |
$17.42 |
$17.55 |
$17.09 |
$17.21 |
198.00K | 04/22/2024 |
$17.33 |
$17.80 |
$17.27 |
$17.71 |
177.40K | 04/23/2024 |
$17.72 |
$18.20 |
$17.72 |
$18.00 |
276.10K | 04/24/2024 |
$18.00 |
$18.03 |
$17.57 |
$17.65 |
172.20K |
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MeridianLink is a software and services company. Co.'s lending software solutions include: MeridianLink One, which is a unified, cloud-native software-as-a-service platform; Point of Sale System, in which Co. provides a Point of Sale system that allows financial institutions to expand existing lending and deposit account origination platforms to online consumers while ensuring control of the entire online application experience; Account Opening Software, in which provides a cloud-based online account opening and deposit software solution; and Collection Software, in which Co. provides a web-based debt collection software that helps customers manage delinquencies. | |
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MeridianLink (MLNK) has the following price history information. Looking back at MLNK historical stock prices for the last five trading days, on April 18, 2024, MLNK opened at $17.15, traded as high as $17.51 and as low as $16.97, and closed at $17.50. Trading volume was a total of 233.30K shares. On April 19, 2024, MLNK opened at $17.42, traded as high as $17.55 and as low as $17.09, and closed at $17.21. Trading volume was a total of 198.00K shares. On April 22, 2024, MLNK opened at $17.33, traded as high as $17.80 and as low as $17.27, and closed at $17.71. Trading volume was a total of 177.40K shares. On April 23, 2024, MLNK opened at $17.72, traded as high as $18.20 and as low as $17.72, and closed at $18.00. Trading volume was a total of 276.10K shares. On April 24, 2024, MLNK opened at $18.00, traded as high as $18.03 and as low as $17.57, and closed at $17.65. Trading volume was a total of 172.20K shares.
MLNK Historical Stock Prices By Date:
Below, we examine the compound annual growth rate — CAGR for short — of an investment into MeridianLink shares, starting with a $10,000 purchase of MLNK, 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: |
07/28/2021 |
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End date: |
04/24/2024 |
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Start price/share: |
$24.60 |
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End price/share: |
$17.65 |
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Dividends collected/share: |
$0.00 |
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Total return: |
-28.25% |
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Average Annual Total Return: |
-11.40% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$7,175.28 |
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Years: |
2.74 |
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Date |
Close |
04/18/2024 | $17.50 | 04/19/2024 | $17.21 | 04/22/2024 | $17.71 | 04/23/2024 | $18.00 | 04/24/2024 | $17.65 |
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