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Video: Compound Annual Growth Rate (CAGR) Definition


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Date Open High Low Close Volume
06/29/2023 $1.87 $2.40 $1.85 $2.25 3.54M
06/30/2023 $2.20 $2.43 $2.07 $2.13 2.24M
07/03/2023 $2.06 $2.18 $1.92 $1.98 1.24M
07/05/2023 $1.89 $2.23 $1.86 $2.15 1.82M
07/06/2023 $2.04 $2.24 $1.95 $2.20 1.37M
Lordstown Motors is an original equipment manufacturer of electric light duty vehicles focused on the commercial fleet market. Co. is engaged in developing its primary vehicle, the Endurance™, an electric full-size pickup truck. The Endurance has four electric in-wheel hub motors. Co. has a supply and licensing agreements with Elaphe Propulsion Technologies Ltd. to produce the initial batch of required hub motors. Each hub motor and inverter pair are controlled by a central supervisory powertrain controller that manages traction, slip and efficiency on an axial basis. Co. has developed its own proprietary powertrain controller software and algorithms using instantaneous torque control.
RIDE historical stock prices picture
RIDE (RIDE) has the following price history information. Looking back at RIDE historical stock prices for the last five trading days, on June 29, 2023, RIDE opened at $1.87, traded as high as $2.40 and as low as $1.85, and closed at $2.25. Trading volume was a total of 3.54M shares. On June 30, 2023, RIDE opened at $2.20, traded as high as $2.43 and as low as $2.07, and closed at $2.13. Trading volume was a total of 2.24M shares. On July 03, 2023, RIDE opened at $2.06, traded as high as $2.18 and as low as $1.92, and closed at $1.98. Trading volume was a total of 1.24M shares. On July 05, 2023, RIDE opened at $1.89, traded as high as $2.23 and as low as $1.86, and closed at $2.15. Trading volume was a total of 1.82M shares. On July 06, 2023, RIDE opened at $2.04, traded as high as $2.24 and as low as $1.95, and closed at $2.20. Trading volume was a total of 1.37M shares.

RIDE Historical Stock Prices By Date:

RIDE historical cagr picture

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

Growth of $10,000.00
Without Dividends Reinvested

Start date: 04/22/2019
End date: 07/06/2023
Start price/share: $146.10
End price/share: $2.20
Dividends collected/share: $0.00
Total return: -98.49%
Average Annual Total Return: -63.10%
Starting investment: $10,000.00
Ending investment: $150.64
Years: 4.21
Date Close
06/29/2023$2.25
06/30/2023$2.13
07/03/2023$1.98
07/05/2023$2.15
07/06/2023$2.20
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Also explore: RIDE shares outstanding history

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