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 Video: Compound Annual Growth Rate (CAGR) Definition
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|
| Date |
Open |
High |
Low |
Close |
Volume |
| 10/10/2022 |
$0.38 |
$0.38 |
$0.33 |
$0.34 |
1.66M | | 10/11/2022 |
$0.33 |
$0.35 |
$0.32 |
$0.34 |
1.23M | | 10/12/2022 |
$0.33 |
$0.35 |
$0.33 |
$0.34 |
1.71M | | 10/13/2022 |
$0.34 |
$0.36 |
$0.33 |
$0.36 |
1.28M | | 10/14/2022 |
$0.35 |
$0.37 |
$0.34 |
$0.35 |
1.90M |
|
|
| Romeo Power is an energy storage technology company focused on designing and manufacturing lithium-ion battery modules and packs for vehicle electrification. Co.'s modules and packs are customizable and are optimized by Co.'s proprietary battery management system. Co.'s business is primarily focused on marketing mobility energy technology for medium and heavy duty commercial vehicles in Classes four to eight. Co. has collaborated with Heritage Environmental Services, Inc. to focus on applications of its batteries, and Co. has an alliance with Republic Services Group Inc. to cooperate in opportunities to incorporate battery technology into its fleet operations. | |
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RMO (RMO) has the following price history information. Looking back at RMO historical stock prices for the last five trading days, on October 10, 2022, RMO opened at $0.38, traded as high as $0.38 and as low as $0.33, and closed at $0.34. Trading volume was a total of 1.66M shares. On October 11, 2022, RMO opened at $0.33, traded as high as $0.35 and as low as $0.32, and closed at $0.34. Trading volume was a total of 1.23M shares. On October 12, 2022, RMO opened at $0.33, traded as high as $0.35 and as low as $0.33, and closed at $0.34. Trading volume was a total of 1.71M shares. On October 13, 2022, RMO opened at $0.34, traded as high as $0.36 and as low as $0.33, and closed at $0.36. Trading volume was a total of 1.28M shares. On October 14, 2022, RMO opened at $0.35, traded as high as $0.37 and as low as $0.34, and closed at $0.35. Trading volume was a total of 1.90M shares.
RMO Historical Stock Prices By Date:
Below, we examine the compound annual growth rate — CAGR for short — of an investment into RMO shares, starting with a $10,000 purchase of RMO, 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: |
04/02/2019 |
|
| End date: |
10/14/2022 |
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| Start price/share: |
$9.75 |
|
| End price/share: |
$0.35 |
|
| Dividends collected/share: |
$0.00 |
|
| Total return: |
-96.41% |
|
| Average Annual Total Return: |
-60.96% |
|
| Starting investment: |
$10,000.00 |
|
| Ending investment: |
$359.07 |
|
| Years: |
3.54 |
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|
|
| Date |
Close |
| 10/10/2022 | $0.34 | | 10/11/2022 | $0.34 | | 10/12/2022 | $0.34 | | 10/13/2022 | $0.36 | | 10/14/2022 | $0.35 |
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