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Video: Compound Annual Growth Rate (CAGR) Definition
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Date |
Open |
High |
Low |
Close |
Volume |
02/15/2023 |
$0.20 |
$0.21 |
$0.16 |
$0.17 |
191.64M | 02/16/2023 |
$0.18 |
$0.26 |
$0.18 |
$0.26 |
265.90M | 02/17/2023 |
$0.24 |
$0.32 |
$0.23 |
$0.31 |
181.00M | 02/21/2023 |
$0.30 |
$0.47 |
$0.30 |
$0.39 |
193.11M | 02/22/2023 |
$0.42 |
$0.47 |
$0.26 |
$0.31 |
176.21M |
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Sorrento Therapeutics is a clinical stage and commercial biopharmaceutical company that delivers therapies to address unmet medical needs. Co. has programs assessing the use of its technologies and products in autoimmune, inflammatory, viral and neurodegenerative diseases. Co.'s segments are: Sorrento Therapeutics, which includes Sofusa®, a drug delivery technology that delivers biologics into the lymphatic system, and resiniferatoxin, a non-opioid-based neurotoxin in clinical trials for late stage cancer pain and moderate to severe osteoarthritis of the knee pain; and Scilex, which includes ZTlido, a lidocaine topical system for the relief of pain associated with post-herpetic neuralgia. | |
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SRNE (SRNE) has the following price history information. Looking back at SRNE historical stock prices for the last five trading days, on February 15, 2023, SRNE opened at $0.20, traded as high as $0.21 and as low as $0.16, and closed at $0.17. Trading volume was a total of 191.64M shares. On February 16, 2023, SRNE opened at $0.18, traded as high as $0.26 and as low as $0.18, and closed at $0.26. Trading volume was a total of 265.90M shares. On February 17, 2023, SRNE opened at $0.24, traded as high as $0.32 and as low as $0.23, and closed at $0.31. Trading volume was a total of 181.00M shares. On February 21, 2023, SRNE opened at $0.30, traded as high as $0.47 and as low as $0.30, and closed at $0.39. Trading volume was a total of 193.11M shares. On February 22, 2023, SRNE opened at $0.42, traded as high as $0.47 and as low as $0.26, and closed at $0.31. Trading volume was a total of 176.21M shares.
SRNE Historical Stock Prices By Date:
Below, we examine the compound annual growth rate — CAGR for short — of an investment into SRNE shares, starting with a $10,000 purchase of SRNE, 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: |
04/29/2014 |
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End date: |
02/22/2023 |
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Start price/share: |
$9.40 |
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End price/share: |
$0.31 |
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Dividends collected/share: |
$0.00 |
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Total return: |
-96.70% |
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Average Annual Total Return: |
-32.07% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$329.61 |
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Years: |
8.82 |
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Date |
Close |
02/15/2023 | $0.17 | 02/16/2023 | $0.26 | 02/17/2023 | $0.31 | 02/21/2023 | $0.39 | 02/22/2023 | $0.31 |
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