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Video: Compound Annual Growth Rate (CAGR) Definition
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Date |
Open |
High |
Low |
Close |
Volume |
04/26/2021 |
$8.79 |
$9.05 |
$8.79 |
$8.96 |
53.10K | 04/27/2021 |
$9.00 |
$9.26 |
$8.94 |
$9.22 |
50.70K | 04/28/2021 |
$9.40 |
$9.62 |
$9.15 |
$9.58 |
131.70K | 04/29/2021 |
$9.76 |
$9.86 |
$9.51 |
$9.82 |
83.30K | 04/30/2021 |
$9.84 |
$9.84 |
$9.58 |
$9.60 |
289.10K |
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RigNet a global technology company that provides customized data and communications services. Co.'s segments are: Managed Communications Services, which provides remote communications, telephony, and technology services for offshore and onshore drilling rigs and production facilities, support vessels, and other remote sites; Applications and Internet-of-Things, which provides applications over-the-top of the network layer including Software as a Service offerings such as a real-time machine learning and AI data platform, Cyphre® Encryption, and cybersecurity services; and Systems Integration, which provides design and implementation services for customer telecommunications systems. | |
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RNET (RNET) has the following price history information. Looking back at RNET historical stock prices for the last five trading days, on April 26, 2021, RNET opened at $8.79, traded as high as $9.05 and as low as $8.79, and closed at $8.96. Trading volume was a total of 53.10K shares. On April 27, 2021, RNET opened at $9.00, traded as high as $9.26 and as low as $8.94, and closed at $9.22. Trading volume was a total of 50.70K shares. On April 28, 2021, RNET opened at $9.40, traded as high as $9.62 and as low as $9.15, and closed at $9.58. Trading volume was a total of 131.70K shares. On April 29, 2021, RNET opened at $9.76, traded as high as $9.86 and as low as $9.51, and closed at $9.82. Trading volume was a total of 83.30K shares. On April 30, 2021, RNET opened at $9.84, traded as high as $9.84 and as low as $9.58, and closed at $9.60. Trading volume was a total of 289.10K shares.
RNET Historical Stock Prices By Date:
Below, we examine the compound annual growth rate — CAGR for short — of an investment into RNET shares, starting with a $10,000 purchase of RNET, 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: |
04/25/2014 |
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End date: |
04/30/2021 |
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Start price/share: |
$49.59 |
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End price/share: |
$9.60 |
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Dividends collected/share: |
$0.00 |
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Total return: |
-80.64% |
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Average Annual Total Return: |
-20.86% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$1,935.64 |
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Years: |
7.02 |
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Date |
Close |
04/26/2021 | $8.96 | 04/27/2021 | $9.22 | 04/28/2021 | $9.58 | 04/29/2021 | $9.82 | 04/30/2021 | $9.60 |
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