|
Video: Compound Annual Growth Rate (CAGR) Definition
|
|
Date |
Open |
High |
Low |
Close |
Volume |
04/16/2024 |
$32.70 |
$33.23 |
$32.39 |
$33.23 |
759.20K | 04/17/2024 |
$33.23 |
$33.86 |
$33.06 |
$33.06 |
724.60K | 04/18/2024 |
$32.82 |
$32.86 |
$32.05 |
$32.17 |
764.00K | 04/19/2024 |
$32.23 |
$32.77 |
$32.23 |
$32.73 |
409.90K | 04/22/2024 |
$32.26 |
$32.88 |
$32.26 |
$32.77 |
396.30K |
|
TORM is a carrier of refined oil products. Co.'s activities are primarily the transportation of clean petroleum products, such as gasoline, jet fuel, kerosene, naphtha and gas oil, and occasionally dirty petroleum products, such as fuel oil. Co. has an in-house operating and management platform which performs commercial, administrative and technical management for its vessels. Through this platform, Co. handles the commercial management of all its vessels and the technical management of all its owned vessels. Co. conducts all vessel sale and purchase activities in-house, utilizing relationships with shipbrokers, shipyards, financial institutions and other shipowners. | |
|
TORM (TRMD) has the following price history information. Looking back at TRMD historical stock prices for the last five trading days, on April 16, 2024, TRMD opened at $32.70, traded as high as $33.23 and as low as $32.39, and closed at $33.23. Trading volume was a total of 759.20K shares. On April 17, 2024, TRMD opened at $33.23, traded as high as $33.86 and as low as $33.06, and closed at $33.06. Trading volume was a total of 724.60K shares. On April 18, 2024, TRMD opened at $32.82, traded as high as $32.86 and as low as $32.05, and closed at $32.17. Trading volume was a total of 764.00K shares. On April 19, 2024, TRMD opened at $32.23, traded as high as $32.77 and as low as $32.23, and closed at $32.73. Trading volume was a total of 409.90K shares. On April 22, 2024, TRMD opened at $32.26, traded as high as $32.88 and as low as $32.26, and closed at $32.77. Trading volume was a total of 396.30K shares.
TRMD Historical Stock Prices By Date:
Below, we examine the compound annual growth rate — CAGR for short — of an investment into TORM shares, starting with a $10,000 purchase of TRMD, and working forward through the historical stock price information to today.
Growth of $10,000.00
With Dividends Reinvested
|
Start date: |
02/23/2018 |
|
End date: |
04/22/2024 |
|
Start price/share: |
$7.60 |
|
End price/share: |
$32.77 |
|
Starting shares: |
1,315.79 |
|
Ending shares: |
2,107.76 |
|
Dividends reinvested/share: |
$11.36 |
|
Total return: |
590.71% |
|
Average Annual Total Return: |
36.84% |
|
Starting investment: |
$10,000.00 |
|
Ending investment: |
$69,071.10 |
|
Years: |
6.16 |
|
|
Growth of $10,000.00
Without Dividends Reinvested
|
Start date: |
02/23/2018 |
|
End date: |
04/22/2024 |
|
Start price/share: |
$7.60 |
|
End price/share: |
$32.77 |
|
Dividends collected/share: |
$11.36 |
|
Total return: |
480.66% |
|
Average Annual Total Return: |
33.04% |
|
Starting investment: |
$10,000.00 |
|
Ending investment: |
$58,067.67 |
|
Years: |
6.16 |
|
|
|
Date |
Close |
04/16/2024 | $33.23 | 04/17/2024 | $33.06 | 04/18/2024 | $32.17 | 04/19/2024 | $32.73 | 04/22/2024 | $32.77 |
|
|