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Video: Compound Annual Growth Rate (CAGR) Definition


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Date Open High Low Close Volume
04/17/2024 $1.03 $1.08 $1.03 $1.04 13.80K
04/18/2024 $1.02 $1.05 $1.02 $1.02 4.50K
04/19/2024 $1.02 $1.08 $1.02 $1.03 7.20K
04/22/2024 $1.10 $1.10 $1.03 $1.09 3.20K
04/23/2024 $0.99 $1.08 $0.99 $1.03 6.60K
Socket Mobile is a provider of data capture and delivery solutions for mobile applications used in Retail, Commercial Services, Industrial and Manufacturing, Transportation and Logistics, and Health Care. Co.'s primary products are cordless data capture devices incorporating barcode scanning or RFID/Near Field Communications technologies that connect over Bluetooth. All products work with applications running on smartphones, mobile computers and tablets using operating systems from Apple® (iOS), Google™ (Android™) and Microsoft® (Windows®). Co. provides a software developer kit to application providers, which enables them to provide their consumers its barcode scanning features.
SCKT historical stock prices picture
Socket Mobile (SCKT) has the following price history information. Looking back at SCKT historical stock prices for the last five trading days, on April 17, 2024, SCKT opened at $1.03, traded as high as $1.08 and as low as $1.03, and closed at $1.04. Trading volume was a total of 13.80K shares. On April 18, 2024, SCKT opened at $1.02, traded as high as $1.05 and as low as $1.02, and closed at $1.02. Trading volume was a total of 4.50K shares. On April 19, 2024, SCKT opened at $1.02, traded as high as $1.08 and as low as $1.02, and closed at $1.03. Trading volume was a total of 7.20K shares. On April 22, 2024, SCKT opened at $1.10, traded as high as $1.10 and as low as $1.03, and closed at $1.09. Trading volume was a total of 3.20K shares. On April 23, 2024, SCKT opened at $0.99, traded as high as $1.08 and as low as $0.99, and closed at $1.03. Trading volume was a total of 6.60K shares.

SCKT Historical Stock Prices By Date:

SCKT historical cagr picture

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

Growth of $10,000.00
Without Dividends Reinvested

Start date: 04/25/2014
End date: 04/23/2024
Start price/share: $1.04
End price/share: $1.03
Dividends collected/share: $0.00
Total return: -0.96%
Average Annual Total Return: -0.10%
Starting investment: $10,000.00
Ending investment: $9,900.42
Years: 10.00
Date Close
04/17/2024$1.04
04/18/2024$1.02
04/19/2024$1.03
04/22/2024$1.09
04/23/2024$1.03
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Also explore: SCKT shares outstanding history

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