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Video: Compound Annual Growth Rate (CAGR) Definition
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 |
Date |
Open |
High |
Low |
Close |
Volume |
12/04/2023 |
$72.35 |
$73.96 |
$72.28 |
$73.94 |
300.40K | 12/05/2023 |
$69.50 |
$69.50 |
$65.50 |
$65.53 |
2.55M | 12/06/2023 |
$66.60 |
$68.60 |
$65.46 |
$68.59 |
3.70M | 12/07/2023 |
$68.76 |
$69.78 |
$68.14 |
$69.61 |
1.10M | 12/08/2023 |
$69.81 |
$70.09 |
$69.43 |
$69.82 |
646.50K |
 |
Merit Medical Systems is a manufacturer and marketer of proprietary medical devices used in interventional, diagnostic and therapeutic procedures, particularly in cardiology, radiology, oncology, critical care and endoscopy. Co. designs, develops, markets and manufactures, through its own operations and contract manufacturers, medical products to its customers, as well as the patients they serve. Co. conducts its business through two operating segments: cardiovascular (which includes peripheral intervention, cardiac intervention, custom procedural solutions, and original equipment manufacturer) and endoscopy. | |
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Merit Medical Systems (MMSI) has the following price history information. Looking back at MMSI historical stock prices for the last five trading days, on December 04, 2023, MMSI opened at $72.35, traded as high as $73.96 and as low as $72.28, and closed at $73.94. Trading volume was a total of 300.40K shares. On December 05, 2023, MMSI opened at $69.50, traded as high as $69.50 and as low as $65.50, and closed at $65.53. Trading volume was a total of 2.55M shares. On December 06, 2023, MMSI opened at $66.60, traded as high as $68.60 and as low as $65.46, and closed at $68.59. Trading volume was a total of 3.70M shares. On December 07, 2023, MMSI opened at $68.76, traded as high as $69.78 and as low as $68.14, and closed at $69.61. Trading volume was a total of 1.10M shares. On December 08, 2023, MMSI opened at $69.81, traded as high as $70.09 and as low as $69.43, and closed at $69.82. Trading volume was a total of 646.50K shares.
MMSI Historical Stock Prices By Date:

Below, we examine the compound annual growth rate — CAGR for short — of an investment into Merit Medical Systems shares, starting with a $10,000 purchase of MMSI, and working forward through the historical stock price information to today.
Growth of $10,000.00
Without Dividends Reinvested
|
Start date: |
12/11/2013 |
|
End date: |
12/08/2023 |
|
Start price/share: |
$15.28 |
|
End price/share: |
$69.82 |
|
Dividends collected/share: |
$0.00 |
|
Total return: |
356.94% |
|
Average Annual Total Return: |
16.41% |
|
Starting investment: |
$10,000.00 |
|
Ending investment: |
$45,679.58 |
|
Years: |
10.00 |
|
|
 |
Date |
Close |
12/04/2023 | $73.94 | 12/05/2023 | $65.53 | 12/06/2023 | $68.59 | 12/07/2023 | $69.61 | 12/08/2023 | $69.82 |
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