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 Video: Compound Annual Growth Rate (CAGR) Definition
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| Date |
Open |
High |
Low |
Close |
Volume |
| 04/16/2024 |
$0.23 |
$0.23 |
$0.20 |
$0.21 |
9.03M | | 04/17/2024 |
$0.22 |
$0.22 |
$0.20 |
$0.21 |
1.38M | | 04/18/2024 |
$0.21 |
$0.21 |
$0.18 |
$0.20 |
772.90K | | 04/19/2024 |
$0.19 |
$0.19 |
$0.18 |
$0.18 |
681.90K | | 04/22/2024 |
$0.19 |
$0.19 |
$0.18 |
$0.19 |
314.40K |
|
|
| Ocean Power Technologies is engaged in providing ocean data collection and reporting, marine power, offshore communications, and Maritime Domain Awareness products, integrated solutions, and consulting services. Co.'s solutions include: Maritime Domain Awareness Solution, which consists of a radar, a stabilized optical and thermal imaging camera, and a vessel Automatic Identification System detection module; Wave Adaptive Modular Vessel, which enables roaming capabilities for uncrewed maritime systems in waters; PB3 PowerBuoy®, which converts hydrokinetic energy of ocean waves into electricity; and Subsea Battery, which provides power supply from its integrated energy storage system. | |
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Ocean Power Technologies (OPTT) has the following price history information. Looking back at OPTT historical stock prices for the last five trading days, on April 16, 2024, OPTT opened at $0.23, traded as high as $0.23 and as low as $0.20, and closed at $0.21. Trading volume was a total of 9.03M shares. On April 17, 2024, OPTT opened at $0.22, traded as high as $0.22 and as low as $0.20, and closed at $0.21. Trading volume was a total of 1.38M shares. On April 18, 2024, OPTT opened at $0.21, traded as high as $0.21 and as low as $0.18, and closed at $0.20. Trading volume was a total of 772.90K shares. On April 19, 2024, OPTT opened at $0.19, traded as high as $0.19 and as low as $0.18, and closed at $0.18. Trading volume was a total of 681.90K shares. On April 22, 2024, OPTT opened at $0.19, traded as high as $0.19 and as low as $0.18, and closed at $0.19. Trading volume was a total of 314.40K shares.
OPTT Historical Stock Prices By Date:
Below, we examine the compound annual growth rate — CAGR for short — of an investment into Ocean Power Technologies shares, starting with a $10,000 purchase of OPTT, 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: |
04/24/2014 |
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| End date: |
04/22/2024 |
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| Start price/share: |
$588.00 |
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| End price/share: |
$0.19 |
|
| Dividends collected/share: |
$0.00 |
|
| Total return: |
-99.97% |
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| Average Annual Total Return: |
-55.23% |
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| Starting investment: |
$10,000.00 |
|
| Ending investment: |
$3.23 |
|
| Years: |
10.00 |
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|
|
| Date |
Close |
| 04/16/2024 | $0.21 | | 04/17/2024 | $0.21 | | 04/18/2024 | $0.20 | | 04/19/2024 | $0.18 | | 04/22/2024 | $0.19 |
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