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 Video: Compound Annual Growth Rate (CAGR) Definition
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| Date |
Open |
High |
Low |
Close |
Volume |
| 04/18/2024 |
$2.62 |
$2.67 |
$2.53 |
$2.54 |
205.60K | | 04/19/2024 |
$2.63 |
$2.76 |
$2.57 |
$2.72 |
597.30K | | 04/22/2024 |
$2.66 |
$2.67 |
$2.38 |
$2.42 |
788.10K | | 04/23/2024 |
$2.38 |
$2.48 |
$2.32 |
$2.42 |
311.00K | | 04/24/2024 |
$2.42 |
$2.42 |
$2.29 |
$2.30 |
359.30K |
|
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| Nine Energy Service is a completion services provider that targets unconventional oil and gas resource development across North American basins and abroad. Co.'s main service offerings are: Cementing Services, which include blending cement and water with various solid and liquid additives to create a cement slurry; Completion Tools, which provides downhole solutions and technology used for multistage completions; Wireline Services, which include plug-and-perf completions, a multistage well completion technique for cased-hole wells; and Coiled Tubing Services, which perform wellbore intervention operations using a continuous steel pipe that is transported to the wellsite wound on a spool. | |
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Nine Energy Service (NINE) has the following price history information. Looking back at NINE historical stock prices for the last five trading days, on April 18, 2024, NINE opened at $2.62, traded as high as $2.67 and as low as $2.53, and closed at $2.54. Trading volume was a total of 205.60K shares. On April 19, 2024, NINE opened at $2.63, traded as high as $2.76 and as low as $2.57, and closed at $2.72. Trading volume was a total of 597.30K shares. On April 22, 2024, NINE opened at $2.66, traded as high as $2.67 and as low as $2.38, and closed at $2.42. Trading volume was a total of 788.10K shares. On April 23, 2024, NINE opened at $2.38, traded as high as $2.48 and as low as $2.32, and closed at $2.42. Trading volume was a total of 311.00K shares. On April 24, 2024, NINE opened at $2.42, traded as high as $2.42 and as low as $2.29, and closed at $2.30. Trading volume was a total of 359.30K shares.
NINE Historical Stock Prices By Date:
Below, we examine the compound annual growth rate — CAGR for short — of an investment into Nine Energy Service shares, starting with a $10,000 purchase of NINE, and working forward through the historical stock price information to today.
Growth of $10,000.00
Without Dividends Reinvested
|
| Start date: |
01/19/2018 |
|
| End date: |
04/24/2024 |
|
| Start price/share: |
$26.10 |
|
| End price/share: |
$2.30 |
|
| Dividends collected/share: |
$0.00 |
|
| Total return: |
-91.19% |
|
| Average Annual Total Return: |
-32.15% |
|
| Starting investment: |
$10,000.00 |
|
| Ending investment: |
$881.04 |
|
| Years: |
6.26 |
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|
|
| Date |
Close |
| 04/18/2024 | $2.54 | | 04/19/2024 | $2.72 | | 04/22/2024 | $2.42 | | 04/23/2024 | $2.42 | | 04/24/2024 | $2.30 |
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