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Video: Compound Annual Growth Rate (CAGR) Definition
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Date |
Open |
High |
Low |
Close |
Volume |
04/22/2024 |
$2.57 |
$2.60 |
$2.47 |
$2.56 |
404.60K | 04/23/2024 |
$2.57 |
$2.63 |
$2.54 |
$2.57 |
332.40K | 04/24/2024 |
$2.90 |
$3.41 |
$2.90 |
$3.25 |
2.79M | 04/25/2024 |
$3.27 |
$3.58 |
$3.21 |
$3.24 |
1.48M | 04/26/2024 |
$3.25 |
$3.25 |
$3.10 |
$3.13 |
589.30K |
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Ribbon Communications is a provider of communications technology to service providers and enterprises. Co.'s segments include the Cloud and Edge (Cloud and Edge) and the IP Optical Networks (IP Optical Networks). The Cloud and Edge segment provides software and hardware products, solutions, and services for Voice Over Internet Protocol communications, Voice Over LTE and Voice Over 5G communications, as well as unified communications and collaboration services to both service provider and enterprise customers. Co.'s IP Optical Networks segment provides hardware and software products and solutions for IP networking, switching, and routing, and optical transport. | |
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Ribbon Communications (RBBN) has the following price history information. Looking back at RBBN historical stock prices for the last five trading days, on April 22, 2024, RBBN opened at $2.57, traded as high as $2.60 and as low as $2.47, and closed at $2.56. Trading volume was a total of 404.60K shares. On April 23, 2024, RBBN opened at $2.57, traded as high as $2.63 and as low as $2.54, and closed at $2.57. Trading volume was a total of 332.40K shares. On April 24, 2024, RBBN opened at $2.90, traded as high as $3.41 and as low as $2.90, and closed at $3.25. Trading volume was a total of 2.79M shares. On April 25, 2024, RBBN opened at $3.27, traded as high as $3.58 and as low as $3.21, and closed at $3.24. Trading volume was a total of 1.48M shares. On April 26, 2024, RBBN opened at $3.25, traded as high as $3.25 and as low as $3.10, and closed at $3.13. Trading volume was a total of 589.30K shares.
RBBN Historical Stock Prices By Date:
Below, we examine the compound annual growth rate — CAGR for short — of an investment into Ribbon Communications shares, starting with a $10,000 purchase of RBBN, 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: |
04/26/2024 |
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Start price/share: |
$3.03 |
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End price/share: |
$3.13 |
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Dividends collected/share: |
$0.00 |
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Total return: |
3.30% |
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Average Annual Total Return: |
0.33% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$10,334.94 |
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Years: |
10.00 |
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Date |
Close |
04/22/2024 | $2.56 | 04/23/2024 | $2.57 | 04/24/2024 | $3.25 | 04/25/2024 | $3.24 | 04/26/2024 | $3.13 |
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