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Video: Compound Annual Growth Rate (CAGR) Definition
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Date |
Open |
High |
Low |
Close |
Volume |
04/19/2024 |
$2.59 |
$2.66 |
$2.49 |
$2.57 |
83.70K | 04/22/2024 |
$2.55 |
$2.68 |
$2.55 |
$2.65 |
144.50K | 04/23/2024 |
$2.64 |
$2.79 |
$2.64 |
$2.77 |
164.00K | 04/24/2024 |
$2.75 |
$2.82 |
$2.65 |
$2.68 |
149.80K | 04/25/2024 |
$2.67 |
$2.69 |
$2.55 |
$2.60 |
125.00K |
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Performant Financial provides technology-enabled audit, recovery, and analytics services with a focus in the healthcare industry. Co. works with healthcare payers through claims auditing and eligibility-based services to identify improper payments. Co. provides payment integrity services related to improper payments in the healthcare market. Under its Medicare Recovery Audit Contractor contracts with the Centers for Medicare and Medicaid Services, Co. utilizes its technology-enabled services platform to screen Medicare claims against several criteria, including coding procedures and medical necessity standards, to determine whether a claim should be further investigated. | |
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Performant Financial (PFMT) has the following price history information. Looking back at PFMT historical stock prices for the last five trading days, on April 19, 2024, PFMT opened at $2.59, traded as high as $2.66 and as low as $2.49, and closed at $2.57. Trading volume was a total of 83.70K shares. On April 22, 2024, PFMT opened at $2.55, traded as high as $2.68 and as low as $2.55, and closed at $2.65. Trading volume was a total of 144.50K shares. On April 23, 2024, PFMT opened at $2.64, traded as high as $2.79 and as low as $2.64, and closed at $2.77. Trading volume was a total of 164.00K shares. On April 24, 2024, PFMT opened at $2.75, traded as high as $2.82 and as low as $2.65, and closed at $2.68. Trading volume was a total of 149.80K shares. On April 25, 2024, PFMT opened at $2.67, traded as high as $2.69 and as low as $2.55, and closed at $2.60. Trading volume was a total of 125.00K shares.
PFMT Historical Stock Prices By Date:
Below, we examine the compound annual growth rate — CAGR for short — of an investment into Performant Financial shares, starting with a $10,000 purchase of PFMT, 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: |
04/29/2014 |
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End date: |
04/25/2024 |
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Start price/share: |
$8.64 |
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End price/share: |
$2.60 |
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Dividends collected/share: |
$0.00 |
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Total return: |
-69.91% |
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Average Annual Total Return: |
-11.32% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$3,008.84 |
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Years: |
10.00 |
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Date |
Close |
04/19/2024 | $2.57 | 04/22/2024 | $2.65 | 04/23/2024 | $2.77 | 04/24/2024 | $2.68 | 04/25/2024 | $2.60 |
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