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Video: Compound Annual Growth Rate (CAGR) Definition
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Date |
Open |
High |
Low |
Close |
Volume |
03/21/2024 |
$3.07 |
$3.15 |
$3.05 |
$3.06 |
347.00K | 03/22/2024 |
$3.03 |
$3.10 |
$3.01 |
$3.04 |
229.20K | 03/25/2024 |
$3.04 |
$3.16 |
$3.04 |
$3.12 |
313.40K | 03/26/2024 |
$3.14 |
$3.14 |
$3.06 |
$3.06 |
163.40K | 03/27/2024 |
$3.07 |
$3.28 |
$3.01 |
$3.27 |
347.10K |
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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 March 21, 2024, RBBN opened at $3.07, traded as high as $3.15 and as low as $3.05, and closed at $3.06. Trading volume was a total of 347.00K shares. On March 22, 2024, RBBN opened at $3.03, traded as high as $3.10 and as low as $3.01, and closed at $3.04. Trading volume was a total of 229.20K shares. On March 25, 2024, RBBN opened at $3.04, traded as high as $3.16 and as low as $3.04, and closed at $3.12. Trading volume was a total of 313.40K shares. On March 26, 2024, RBBN opened at $3.14, traded as high as $3.14 and as low as $3.06, and closed at $3.06. Trading volume was a total of 163.40K shares. On March 27, 2024, RBBN opened at $3.07, traded as high as $3.28 and as low as $3.01, and closed at $3.27. Trading volume was a total of 347.10K 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: |
03/31/2014 |
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End date: |
03/27/2024 |
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Start price/share: |
$3.37 |
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End price/share: |
$3.27 |
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Dividends collected/share: |
$0.00 |
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Total return: |
-2.97% |
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Average Annual Total Return: |
-0.30% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$9,704.10 |
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Years: |
10.00 |
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Date |
Close |
03/21/2024 | $3.06 | 03/22/2024 | $3.04 | 03/25/2024 | $3.12 | 03/26/2024 | $3.06 | 03/27/2024 | $3.27 |
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