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Video: Compound Annual Growth Rate (CAGR) Definition
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Date |
Open |
High |
Low |
Close |
Volume |
03/22/2024 |
$2.90 |
$2.93 |
$2.83 |
$2.86 |
108.10K | 03/25/2024 |
$2.87 |
$2.89 |
$2.84 |
$2.86 |
63.20K | 03/26/2024 |
$2.89 |
$2.89 |
$2.82 |
$2.84 |
60.30K | 03/27/2024 |
$2.88 |
$2.93 |
$2.85 |
$2.91 |
255.60K | 03/28/2024 |
$2.90 |
$3.00 |
$2.89 |
$2.94 |
706.60K |
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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 March 22, 2024, PFMT opened at $2.90, traded as high as $2.93 and as low as $2.83, and closed at $2.86. Trading volume was a total of 108.10K shares. On March 25, 2024, PFMT opened at $2.87, traded as high as $2.89 and as low as $2.84, and closed at $2.86. Trading volume was a total of 63.20K shares. On March 26, 2024, PFMT opened at $2.89, traded as high as $2.89 and as low as $2.82, and closed at $2.84. Trading volume was a total of 60.30K shares. On March 27, 2024, PFMT opened at $2.88, traded as high as $2.93 and as low as $2.85, and closed at $2.91. Trading volume was a total of 255.60K shares. On March 28, 2024, PFMT opened at $2.90, traded as high as $3.00 and as low as $2.89, and closed at $2.94. Trading volume was a total of 706.60K 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: |
04/01/2014 |
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End date: |
03/28/2024 |
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Start price/share: |
$8.89 |
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End price/share: |
$2.94 |
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Dividends collected/share: |
$0.00 |
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Total return: |
-66.93% |
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Average Annual Total Return: |
-10.48% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$3,306.23 |
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Years: |
10.00 |
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Date |
Close |
03/22/2024 | $2.86 | 03/25/2024 | $2.86 | 03/26/2024 | $2.84 | 03/27/2024 | $2.91 | 03/28/2024 | $2.94 |
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