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Video: Compound Annual Growth Rate (CAGR) Definition


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Date Open High Low Close Volume
01/03/2023 $27.00 $27.00 $26.51 $26.84 5.60K
01/04/2023 $27.00 $27.00 $26.66 $26.90 3.30K
01/05/2023 $26.80 $27.00 $26.61 $26.96 8.30K
01/06/2023 $26.99 $27.00 $26.70 $26.99 4.60K
01/09/2023 $26.99 $26.99 $26.70 $26.91 7.70K
CareCloud is a healthcare information technology company that provides a suite of proprietary cloud-based solutions and related business services, to healthcare providers, from small practices to enterprise medical groups, hospitals, and health systems throughout the U.S. Co.'s Software-as-a-Service platforms include practice management, electronic health record, business intelligence, telehealth, patient experience management solutions, and robotic processing automation bots, along with complementary software tools and business services such as revenue cycle management, premiere healthcare consulting and implementation services, and on-demand workforce staffing capabilities.
MTBCP historical stock prices picture
MTBCP (MTBCP) has the following price history information. Looking back at MTBCP historical stock prices for the last five trading days, on January 03, 2023, MTBCP opened at $27.00, traded as high as $27.00 and as low as $26.51, and closed at $26.84. Trading volume was a total of 5.60K shares. On January 04, 2023, MTBCP opened at $27.00, traded as high as $27.00 and as low as $26.66, and closed at $26.90. Trading volume was a total of 3.30K shares. On January 05, 2023, MTBCP opened at $26.80, traded as high as $27.00 and as low as $26.61, and closed at $26.96. Trading volume was a total of 8.30K shares. On January 06, 2023, MTBCP opened at $26.99, traded as high as $27.00 and as low as $26.70, and closed at $26.99. Trading volume was a total of 4.60K shares. On January 09, 2023, MTBCP opened at $26.99, traded as high as $26.99 and as low as $26.70, and closed at $26.91. Trading volume was a total of 7.70K shares.

MTBCP Historical Stock Prices By Date:

MTBCP historical cagr picture

Below, we examine the compound annual growth rate — CAGR for short — of an investment into MTBCP shares, starting with a $10,000 purchase of MTBCP, and working forward through the historical stock price information to today.

Growth of $10,000.00
With Dividends Reinvested

Start date: 11/05/2015
End date: 01/09/2023
Start price/share: $25.00
End price/share: $26.91
Starting shares: 400.00
Ending shares: 839.38
Dividends reinvested/share: $19.67
Total return: 125.91%
Average Annual Total Return: 12.01%
Starting investment: $10,000.00
Ending investment: $22,586.00
Years: 7.18
 
Growth of $10,000.00
Without Dividends Reinvested

Start date: 11/05/2015
End date: 01/09/2023
Start price/share: $25.00
End price/share: $26.91
Dividends collected/share: $19.67
Total return: 86.34%
Average Annual Total Return: 9.05%
Starting investment: $10,000.00
Ending investment: $18,633.15
Years: 7.18
Date Close
01/03/2023$26.84
01/04/2023$26.90
01/05/2023$26.96
01/06/2023$26.99
01/09/2023$26.91
MTBCP is categorized under the Technology sector; below are some other companies in the same sector:

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