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Video: Compound Annual Growth Rate (CAGR) Definition


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Date Open High Low Close Volume
12/11/2024 $3.29 $3.41 $3.22 $3.40 168.40K
12/12/2024 $3.41 $3.67 $3.41 $3.59 259.10K
12/13/2024 $3.57 $3.72 $3.40 $3.57 197.90K
12/16/2024 $3.55 $3.73 $3.47 $3.68 198.60K
12/17/2024 $3.68 $3.68 $3.51 $3.56 166.20K
Performant Financial Corporation supports healthcare payers in identifying, preventing, and recovering waste and improper payments by leveraging advanced technology, analytics and data assets. Co. works with national and regional healthcare payers to provide eligibility-based, also known as coordination-of-benefits (COB) services, as well as claims-based services, which includes the audit and identification of improperly paid claims. It also provides advanced reporting capabilities, support services, customer care, and stakeholder training programs designed to mitigate future instances of improper payments. Co. offers these services in both government and commercial healthcare markets.
PFMT historical stock prices picture
PFMT (PFMT) has the following price history information. Looking back at PFMT historical stock prices for the last five trading days, on December 11, 2024, PFMT opened at $3.29, traded as high as $3.41 and as low as $3.22, and closed at $3.40. Trading volume was a total of 168.40K shares. On December 12, 2024, PFMT opened at $3.41, traded as high as $3.67 and as low as $3.41, and closed at $3.59. Trading volume was a total of 259.10K shares. On December 13, 2024, PFMT opened at $3.57, traded as high as $3.72 and as low as $3.40, and closed at $3.57. Trading volume was a total of 197.90K shares. On December 16, 2024, PFMT opened at $3.55, traded as high as $3.73 and as low as $3.47, and closed at $3.68. Trading volume was a total of 198.60K shares. On December 17, 2024, PFMT opened at $3.68, traded as high as $3.68 and as low as $3.51, and closed at $3.56. Trading volume was a total of 166.20K shares.

PFMT Historical Stock Prices By Date:

PFMT historical cagr picture

Below, we examine the compound annual growth rate — CAGR for short — of an investment into PFMT 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

Start date: 01/20/2016
End date: 12/17/2024
Start price/share: $1.70
End price/share: $3.56
Dividends collected/share: $0.00
Total return: 109.41%
Average Annual Total Return: 8.64%
Starting investment: $10,000.00
Ending investment: $20,933.95
Years: 8.92
Date Close
12/11/2024$3.40
12/12/2024$3.59
12/13/2024$3.57
12/16/2024$3.68
12/17/2024$3.56
PFMT is categorized under the Technology sector; below are some other companies in the same sector:

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Also explore: PFMT shares outstanding history

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