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 Video: Compound Annual Growth Rate (CAGR) Definition
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| Date |
Open |
High |
Low |
Close |
Volume |
| 08/19/2019 |
$15.58 |
$16.54 |
$15.57 |
$16.40 |
488.00K | | 08/20/2019 |
$16.54 |
$16.59 |
$16.21 |
$16.36 |
120.20K | | 08/21/2019 |
$16.69 |
$16.70 |
$16.07 |
$16.30 |
108.70K | | 08/22/2019 |
$16.37 |
$16.40 |
$14.51 |
$15.16 |
241.20K | | 08/23/2019 |
$15.21 |
$15.46 |
$14.63 |
$14.78 |
100.90K |
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| New Fortress Energy is an integrated gas-to-power company that seeks to use “stranded” natural gas to satisfy the world's large and growing power needs. Co. seeks to provide modern infrastructure solutions to create cleaner, reliable natural gas-based energy. Co.'s business model spans the entire production and delivery chain from natural gas procurement and liquefaction to logistics, shipping, terminals and conversion or development of natural gas-fired generation. Co. sources LNG from a combination of its own liquefaction facility in Miami, Florida and purchases on the open market. Co. is majority-owned by a private equity fund managed by an affiliate of Fortress Investment Group. | |
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New Fortress Energy LLC (NFE) has the following price history information. Looking back at NFE historical stock prices for the last five trading days, on August 19, 2019, NFE opened at $15.58, traded as high as $16.54 and as low as $15.57, and closed at $16.40. Trading volume was a total of 488.00K shares. On August 20, 2019, NFE opened at $16.54, traded as high as $16.59 and as low as $16.21, and closed at $16.36. Trading volume was a total of 120.20K shares. On August 21, 2019, NFE opened at $16.69, traded as high as $16.70 and as low as $16.07, and closed at $16.30. Trading volume was a total of 108.70K shares. On August 22, 2019, NFE opened at $16.37, traded as high as $16.40 and as low as $14.51, and closed at $15.16. Trading volume was a total of 241.20K shares. On August 23, 2019, NFE opened at $15.21, traded as high as $15.46 and as low as $14.63, and closed at $14.78. Trading volume was a total of 100.90K shares.
NFE Historical Stock Prices By Date:
Below, we examine the compound annual growth rate — CAGR for short — of an investment into New Fortress Energy LLC shares, starting with a $10,000 purchase of NFE, 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: |
01/31/2019 |
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| End date: |
08/23/2019 |
|
| Start price/share: |
$13.07 |
|
| End price/share: |
$14.78 |
|
| Dividends collected/share: |
$0.00 |
|
| Total return: |
13.08% |
|
| Annualized Gain: |
23.52% |
|
| Starting investment: |
$10,000.00 |
|
| Ending investment: |
$11,308.00 |
|
| Years: |
0.56 |
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|
|
| Date |
Close |
| 08/19/2019 | $16.40 | | 08/20/2019 | $16.36 | | 08/21/2019 | $16.30 | | 08/22/2019 | $15.16 | | 08/23/2019 | $14.78 |
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