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Video: Compound Annual Growth Rate (CAGR) Definition


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Date Open High Low Close Volume
03/20/2023 $0.38 $0.38 $0.33 $0.33 39.60K
03/21/2023 $0.35 $0.38 $0.34 $0.36 65.10K
03/22/2023 $0.39 $0.39 $0.32 $0.35 35.50K
03/23/2023 $0.35 $0.35 $0.34 $0.35 27.40K
03/24/2023 $0.35 $0.35 $0.28 $0.28 164.40K
Midatech Pharma is a holding company. Through its subsidiaries, Co. is focused on the research and development of medicines using its drug delivery technologies. These technologies include Q-Sphera™ platform, a disruptive polymer microsphere microtechnology used for sustained delivery to prolong and control the release of therapeutics over an extended period of time; MidaSolve™ platform, an oligosaccharide nanotechnology to solubilize drugs so that they can be administered in liquid form directly and locally into tumors; and MidaCore™ platform, a gold nanoparticle nanotechnology used for targeting sites of disease by using either chemotherapeutic agents or immunotherapeutic agents.
MTP historical stock prices picture
MLP and Strategic Equity Fund (MTP) has the following price history information. Looking back at MTP historical stock prices for the last five trading days, on March 20, 2023, MTP opened at $0.38, traded as high as $0.38 and as low as $0.33, and closed at $0.33. Trading volume was a total of 39.60K shares. On March 21, 2023, MTP opened at $0.35, traded as high as $0.38 and as low as $0.34, and closed at $0.36. Trading volume was a total of 65.10K shares. On March 22, 2023, MTP opened at $0.39, traded as high as $0.39 and as low as $0.32, and closed at $0.35. Trading volume was a total of 35.50K shares. On March 23, 2023, MTP opened at $0.35, traded as high as $0.35 and as low as $0.34, and closed at $0.35. Trading volume was a total of 27.40K shares. On March 24, 2023, MTP opened at $0.35, traded as high as $0.35 and as low as $0.28, and closed at $0.28. Trading volume was a total of 164.40K shares.

MTP Historical Stock Prices By Date:

MTP historical cagr picture

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

Growth of $10,000.00
Without Dividends Reinvested

Start date: 12/08/2015
End date: 03/24/2023
Start price/share: $1,570.00
End price/share: $0.28
Dividends collected/share: $0.00
Total return: -99.98%
Average Annual Total Return: -69.31%
Starting investment: $10,000.00
Ending investment: $1.81
Years: 7.29
Date Close
03/20/2023$0.33
03/21/2023$0.36
03/22/2023$0.35
03/23/2023$0.35
03/24/2023$0.28

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