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Video: Compound Annual Growth Rate (CAGR) Definition


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Date Open High Low Close Volume
03/21/2024 $1.75 $1.76 $1.48 $1.52 1.58M
03/22/2024 $1.45 $1.72 $1.44 $1.71 643.90K
03/25/2024 $1.68 $1.70 $1.60 $1.62 310.50K
03/26/2024 $1.63 $1.70 $1.57 $1.65 432.70K
03/27/2024 $1.63 $1.68 $1.58 $1.64 254.20K
Rockwell Medical is a commercial-stage, biopharmaceutical company developing and commercializing its parenteral iron technology platform, Ferric Pyrophosphate Citrate (FPC). Co. is also a supplier of hemodialysis concentrate products to kidney dialysis clinics in the U.S. Co. has two therapies, Triferic and Triferic AVNU, which are developed from its FPC platform. Co. markets both products to kidney dialysis centers for their patients receiving dialysis. Co. has filed an Investigational New Drug Application to conduct a Phase II trial for the treatment of iron deficiency anemia in patients outside of dialysis, who are receiving intravenous medications in the home infusion setting.
RMTI historical stock prices picture
Rockwell Medical (RMTI) has the following price history information. Looking back at RMTI historical stock prices for the last five trading days, on March 21, 2024, RMTI opened at $1.75, traded as high as $1.76 and as low as $1.48, and closed at $1.52. Trading volume was a total of 1.58M shares. On March 22, 2024, RMTI opened at $1.45, traded as high as $1.72 and as low as $1.44, and closed at $1.71. Trading volume was a total of 643.90K shares. On March 25, 2024, RMTI opened at $1.68, traded as high as $1.70 and as low as $1.60, and closed at $1.62. Trading volume was a total of 310.50K shares. On March 26, 2024, RMTI opened at $1.63, traded as high as $1.70 and as low as $1.57, and closed at $1.65. Trading volume was a total of 432.70K shares. On March 27, 2024, RMTI opened at $1.63, traded as high as $1.68 and as low as $1.58, and closed at $1.64. Trading volume was a total of 254.20K shares.

RMTI Historical Stock Prices By Date:

RMTI historical cagr picture

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

Growth of $10,000.00
Without Dividends Reinvested

Start date: 03/31/2014
End date: 03/27/2024
Start price/share: $139.26
End price/share: $1.64
Dividends collected/share: $0.00
Total return: -98.82%
Average Annual Total Return: -35.87%
Starting investment: $10,000.00
Ending investment: $117.80
Years: 10.00
Date Close
03/21/2024$1.52
03/22/2024$1.71
03/25/2024$1.62
03/26/2024$1.65
03/27/2024$1.64
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Also explore: RMTI shares outstanding history

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