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Video: Compound Annual Growth Rate (CAGR) Definition


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Date Open High Low Close Volume
06/09/2021 $3.40 $3.73 $3.31 $3.64 1.04M
06/10/2021 $3.64 $3.67 $3.30 $3.38 653.90K
06/11/2021 $3.40 $3.48 $3.25 $3.27 327.00K
06/14/2021 $3.28 $3.33 $3.21 $3.24 306.20K
06/15/2021 $3.25 $4.80 $2.95 $3.05 26.40M
Obalon Therapeutics is a medical device company focused on developing and commercializing medical devices to treat people with obesity. Co.'s primary product offering is the Obalon Balloon System. Co.'s Obalon Balloon System consists of a swallowable capsule that contains an inflatable balloon attached to a microcatheter; the Obalon Navigation System console, which is a combination of hardware and software used to track and display the location of the balloon during placement; the Obalon Touch Inflation Dispenser, which is a semi-automated, hand-held inflation device used to inflate the balloon once it is placed; and a disposable canister filled with its proprietary mixture of gas.
OBLN historical stock prices picture
OBLN (OBLN) has the following price history information. Looking back at OBLN historical stock prices for the last five trading days, on June 09, 2021, OBLN opened at $3.40, traded as high as $3.73 and as low as $3.31, and closed at $3.64. Trading volume was a total of 1.04M shares. On June 10, 2021, OBLN opened at $3.64, traded as high as $3.67 and as low as $3.30, and closed at $3.38. Trading volume was a total of 653.90K shares. On June 11, 2021, OBLN opened at $3.40, traded as high as $3.48 and as low as $3.25, and closed at $3.27. Trading volume was a total of 327.00K shares. On June 14, 2021, OBLN opened at $3.28, traded as high as $3.33 and as low as $3.21, and closed at $3.24. Trading volume was a total of 306.20K shares. On June 15, 2021, OBLN opened at $3.25, traded as high as $4.80 and as low as $2.95, and closed at $3.05. Trading volume was a total of 26.40M shares.

OBLN Historical Stock Prices By Date:

OBLN historical cagr picture

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

Growth of $10,000.00
Without Dividends Reinvested

Start date: 10/07/2016
End date: 06/15/2021
Start price/share: $150.00
End price/share: $3.05
Dividends collected/share: $0.00
Total return: -97.97%
Average Annual Total Return: -56.42%
Starting investment: $10,000.00
Ending investment: $203.29
Years: 4.69
Date Close
06/09/2021$3.64
06/10/2021$3.38
06/11/2021$3.27
06/14/2021$3.24
06/15/2021$3.05
OBLN is categorized under the Healthcare sector; below are some other companies in the same sector:

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Also explore: OBLN shares outstanding history

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