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Video: Compound Annual Growth Rate (CAGR) Definition
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Date |
Open |
High |
Low |
Close |
Volume |
03/22/2024 |
$5.81 |
$6.02 |
$5.74 |
$5.80 |
6.30K | 03/25/2024 |
$5.75 |
$5.99 |
$5.75 |
$5.88 |
8.30K | 03/26/2024 |
$5.81 |
$6.30 |
$5.81 |
$6.28 |
20.80K | 03/27/2024 |
$5.91 |
$6.30 |
$5.66 |
$5.84 |
53.20K | 03/28/2024 |
$5.99 |
$6.00 |
$5.63 |
$5.84 |
15.70K |
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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 March 22, 2024, REE opened at $5.81, traded as high as $6.02 and as low as $5.74, and closed at $5.80. Trading volume was a total of 6.30K shares. On March 25, 2024, REE opened at $5.75, traded as high as $5.99 and as low as $5.75, and closed at $5.88. Trading volume was a total of 8.30K shares. On March 26, 2024, REE opened at $5.81, traded as high as $6.30 and as low as $5.81, and closed at $6.28. Trading volume was a total of 20.80K shares. On March 27, 2024, REE opened at $5.91, traded as high as $6.30 and as low as $5.66, and closed at $5.84. Trading volume was a total of 53.20K shares. On March 28, 2024, REE opened at $5.99, traded as high as $6.00 and as low as $5.63, and closed at $5.84. Trading volume was a total of 15.70K 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: |
03/28/2024 |
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Start price/share: |
$313.50 |
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End price/share: |
$5.84 |
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Dividends collected/share: |
$0.00 |
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Total return: |
-98.14% |
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Average Annual Total Return: |
-71.20% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$186.23 |
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Years: |
3.20 |
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Date |
Close |
03/22/2024 | $5.80 | 03/25/2024 | $5.88 | 03/26/2024 | $6.28 | 03/27/2024 | $5.84 | 03/28/2024 | $5.84 |
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