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Video: Compound Annual Growth Rate (CAGR) Definition
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Date |
Open |
High |
Low |
Close |
Volume |
04/11/2024 |
$4.06 |
$4.19 |
$3.87 |
$3.90 |
72.80K | 04/12/2024 |
$3.92 |
$3.92 |
$3.72 |
$3.72 |
23.90K | 04/15/2024 |
$3.80 |
$3.85 |
$3.44 |
$3.67 |
61.10K | 04/16/2024 |
$3.58 |
$3.75 |
$3.48 |
$3.67 |
28.80K | 04/17/2024 |
$3.78 |
$4.16 |
$3.74 |
$4.08 |
22.90K |
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REE Automotive is a development stage technology company in the field of electric mobility. Co. has developed two core innovations which make up the foundation of its products: the "REEcorner", which integrates vehicle components into an area between the chassis and the wheel creating a single module that is controlled via Co.'s proprietary X-by-Wire Control technology which controls each of the corners of the vehicles; and the "REEboard", a fully flat and modular EV chassis that includes the REEcenter control system, the "REEcenter", thermal management, power converter and power module. Co. developed wheel-based suspension technologies for personal mobility. | |
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REE Automotive (REE) has the following price history information. Looking back at REE historical stock prices for the last five trading days, on April 11, 2024, REE opened at $4.06, traded as high as $4.19 and as low as $3.87, and closed at $3.90. Trading volume was a total of 72.80K shares. On April 12, 2024, REE opened at $3.92, traded as high as $3.92 and as low as $3.72, and closed at $3.72. Trading volume was a total of 23.90K shares. On April 15, 2024, REE opened at $3.80, traded as high as $3.85 and as low as $3.44, and closed at $3.67. Trading volume was a total of 61.10K shares. On April 16, 2024, REE opened at $3.58, traded as high as $3.75 and as low as $3.48, and closed at $3.67. Trading volume was a total of 28.80K shares. On April 17, 2024, REE opened at $3.78, traded as high as $4.16 and as low as $3.74, and closed at $4.08. Trading volume was a total of 22.90K shares.
REE Historical Stock Prices By Date:
Below, we examine the compound annual growth rate — CAGR for short — of an investment into REE Automotive shares, starting with a $10,000 purchase of REE, 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: |
01/14/2021 |
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End date: |
04/17/2024 |
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Start price/share: |
$313.50 |
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End price/share: |
$4.08 |
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Dividends collected/share: |
$0.00 |
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Total return: |
-98.70% |
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Average Annual Total Return: |
-73.66% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$130.08 |
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Years: |
3.25 |
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Date |
Close |
04/11/2024 | $3.90 | 04/12/2024 | $3.72 | 04/15/2024 | $3.67 | 04/16/2024 | $3.67 | 04/17/2024 | $4.08 |
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