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 Video: Compound Annual Growth Rate (CAGR) Definition
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| Date |
Open |
High |
Low |
Close |
Volume |
| 01/12/2023 |
$0.40 |
$0.40 |
$0.36 |
$0.38 |
63.50K | | 01/13/2023 |
$0.40 |
$0.44 |
$0.38 |
$0.42 |
152.60K | | 01/18/2023 |
$0.20 |
$0.20 |
$0.01 |
$0.09 |
160.00K | | 01/19/2023 |
$0.03 |
$0.04 |
$0.03 |
$0.04 |
8.90K | | 01/20/2023 |
$0.04 |
$0.04 |
$0.04 |
$0.04 |
37.20K |
|
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| Schmitt Industries is engaged in providing test and measurement products and services. Co. operates as two segments: Measurement Segment (SMS) and the Ice Cream Segment. In SMS, Co.'s measurement solutions support a range of industries through laser solution products, applications, and its tank monitoring products. These products and services include the Acuity™ and Xact™ product lines. Co.'s Ice Cream Segment is comprised of Ample Hills Holdings, Inc. and Ample Hills Creamery, Inc. and their subsidiaries. Co. also sells ice cream cakes, serves ice cream at catering events, and holds a variety of community-building events such as ice cream classes and comedy and music performances. | |
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SMIT (SMIT) has the following price history information. Looking back at SMIT historical stock prices for the last five trading days, on January 12, 2023, SMIT opened at $0.40, traded as high as $0.40 and as low as $0.36, and closed at $0.38. Trading volume was a total of 63.50K shares. On January 13, 2023, SMIT opened at $0.40, traded as high as $0.44 and as low as $0.38, and closed at $0.42. Trading volume was a total of 152.60K shares. On January 18, 2023, SMIT opened at $0.20, traded as high as $0.20 and as low as $0.01, and closed at $0.09. Trading volume was a total of 160.00K shares. On January 19, 2023, SMIT opened at $0.03, traded as high as $0.04 and as low as $0.03, and closed at $0.04. Trading volume was a total of 8.90K shares. On January 20, 2023, SMIT opened at $0.04, traded as high as $0.04 and as low as $0.04, and closed at $0.04. Trading volume was a total of 37.20K shares.
SMIT Historical Stock Prices By Date:
Below, we examine the compound annual growth rate — CAGR for short — of an investment into SMIT shares, starting with a $10,000 purchase of SMIT, 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: |
04/22/2014 |
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| End date: |
01/20/2023 |
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| Start price/share: |
$2.89 |
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| End price/share: |
$0.04 |
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| Dividends collected/share: |
$0.00 |
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| Total return: |
-98.62% |
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| Average Annual Total Return: |
-38.67% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$138.49 |
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| Years: |
8.75 |
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| Date |
Close |
| 01/12/2023 | $0.38 | | 01/13/2023 | $0.42 | | 01/18/2023 | $0.09 | | 01/19/2023 | $0.04 | | 01/20/2023 | $0.04 |
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