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Video: Compound Annual Growth Rate (CAGR) Definition


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Date Open High Low Close Volume
12/02/2024 $22.80 $23.27 $22.61 $22.99 42.60K
12/03/2024 $22.73 $23.50 $22.59 $23.40 40.40K
12/04/2024 $23.95 $24.16 $23.52 $24.00 57.30K
12/05/2024 $24.04 $24.70 $23.93 $24.44 54.60K
12/06/2024 $24.42 $24.50 $23.10 $23.98 66.10K
RCM Technologies, Inc. is a business and technology solutions provider through the deployment of engineering, specialty health care and information technology services. Co. operates through three segments: Specialty Health Care, Engineering, and Life Sciences and Information Technology services (LS&IT). The Specialty Health Care segment provides staffing solutions including medical health care professionals, health information management professionals, nurses, paraprofessionals, physicians, and therapists. The Engineering segment provides a comprehensive portfolio of engineering and design services across three verticals: energy services, process and industrial and aerospace.
RCMT historical stock prices picture
RCM Technologies (RCMT) has the following price history information. Looking back at RCMT historical stock prices for the last five trading days, on December 02, 2024, RCMT opened at $22.80, traded as high as $23.27 and as low as $22.61, and closed at $22.99. Trading volume was a total of 42.60K shares. On December 03, 2024, RCMT opened at $22.73, traded as high as $23.50 and as low as $22.59, and closed at $23.40. Trading volume was a total of 40.40K shares. On December 04, 2024, RCMT opened at $23.95, traded as high as $24.16 and as low as $23.52, and closed at $24.00. Trading volume was a total of 57.30K shares. On December 05, 2024, RCMT opened at $24.04, traded as high as $24.70 and as low as $23.93, and closed at $24.44. Trading volume was a total of 54.60K shares. On December 06, 2024, RCMT opened at $24.42, traded as high as $24.50 and as low as $23.10, and closed at $23.98. Trading volume was a total of 66.10K shares.

RCMT Historical Stock Prices By Date:

RCMT historical cagr picture

Below, we examine the compound annual growth rate — CAGR for short — of an investment into RCM Technologies shares, starting with a $10,000 purchase of RCMT, and working forward through the historical stock price information to today.

Growth of $10,000.00
With Dividends Reinvested

Start date: 12/10/2014
End date: 12/06/2024
Start price/share: $7.89
End price/share: $23.98
Starting shares: 1,267.43
Ending shares: 2,842.04
Dividends reinvested/share: $6.00
Total return: 581.52%
Average Annual Total Return: 21.16%
Starting investment: $10,000.00
Ending investment: $68,134.06
Years: 10.00
 
Growth of $10,000.00
Without Dividends Reinvested

Start date: 12/10/2014
End date: 12/06/2024
Start price/share: $7.89
End price/share: $23.98
Dividends collected/share: $6.00
Total return: 279.97%
Average Annual Total Return: 14.29%
Starting investment: $10,000.00
Ending investment: $38,012.23
Years: 10.00
Date Close
12/02/2024$22.99
12/03/2024$23.40
12/04/2024$24.00
12/05/2024$24.44
12/06/2024$23.98
RCMT is categorized under the Industrials sector; below are some other companies in the same sector:

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Also explore: RCMT shares outstanding history

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