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Video: Compound Annual Growth Rate (CAGR) Definition
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Date |
Open |
High |
Low |
Close |
Volume |
04/24/2024 |
$1.67 |
$1.85 |
$1.66 |
$1.84 |
747.60K | 04/25/2024 |
$1.82 |
$1.88 |
$1.77 |
$1.81 |
357.90K | 04/26/2024 |
$1.81 |
$1.92 |
$1.80 |
$1.89 |
234.50K | 04/29/2024 |
$1.90 |
$2.00 |
$1.89 |
$1.95 |
297.60K | 04/30/2024 |
$1.93 |
$1.93 |
$1.81 |
$1.83 |
202.50K |
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Emeren Group is a holding company. Through its subsidiaries, Co. is a solar project developer and operator. Co. develops and sells solar power projects or sells project SPVs (project development business), and owns and operates solar power projects and sells the electricity generated by its operated solar power plants (IPP business). In its Project Development Business, Co. has two basic project development models: Build-Transfer and Project Rights Sale. Co. primarily conducts its IPP business in China where it can sell electricity in gross metering or net metering. Co.'s Engineering, Procurement and Construction Business includes engineering design and procurement of solar modules. | |
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Emeren Group (SOL) has the following price history information. Looking back at SOL historical stock prices for the last five trading days, on April 24, 2024, SOL opened at $1.67, traded as high as $1.85 and as low as $1.66, and closed at $1.84. Trading volume was a total of 747.60K shares. On April 25, 2024, SOL opened at $1.82, traded as high as $1.88 and as low as $1.77, and closed at $1.81. Trading volume was a total of 357.90K shares. On April 26, 2024, SOL opened at $1.81, traded as high as $1.92 and as low as $1.80, and closed at $1.89. Trading volume was a total of 234.50K shares. On April 29, 2024, SOL opened at $1.90, traded as high as $2.00 and as low as $1.89, and closed at $1.95. Trading volume was a total of 297.60K shares. On April 30, 2024, SOL opened at $1.93, traded as high as $1.93 and as low as $1.81, and closed at $1.83. Trading volume was a total of 202.50K shares.
SOL Historical Stock Prices By Date:
Below, we examine the compound annual growth rate — CAGR for short — of an investment into Emeren Group shares, starting with a $10,000 purchase of SOL, 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: |
05/02/2014 |
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End date: |
04/30/2024 |
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Start price/share: |
$13.60 |
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End price/share: |
$1.83 |
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Dividends collected/share: |
$0.00 |
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Total return: |
-86.54% |
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Average Annual Total Return: |
-18.17% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$1,345.51 |
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Years: |
10.00 |
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Date |
Close |
04/24/2024 | $1.84 | 04/25/2024 | $1.81 | 04/26/2024 | $1.89 | 04/29/2024 | $1.95 | 04/30/2024 | $1.83 |
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