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 Video: What is a Stock Split?
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| Speed Commerce is a distributor and provider of logistics products and services for retail channels. Co. also publishes computer software. Through its distribution business, Co. distributes computer software, consumer electronics and accessories, video games and home videos in addition to providing fee-based logistical services. This business focuses on providing a range of services, including vendor-managed inventory, electronic and internet-based ordering and gift card fulfillment. Co. owns or licenses various computer software brands. This business packages, brands, markets and sells to consumers, retailers, third party distributors and its distribution business. According to our NAVR split history records, NAVR has had 1 split. | |
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NAVR (NAVR) has 1 split in our NAVR split history database. The split for NAVR took place on June 24, 1996. This was a 2 for 1
split, meaning for each share of NAVR owned pre-split, the shareholder now owned 2 shares. For example, a 1000 share position pre-split, became a 2000 share position following the split.
When a company such as NAVR splits its shares, the market capitalization before and after the split takes place remains stable, meaning the shareholder now owns more shares but each are valued at a lower price per share. Often, however, a lower priced stock on a per-share basis can attract a wider range of buyers. If that increased demand causes the share price to appreciate, then the total market capitalization rises post-split. This does not always happen, however, often depending on the underlying fundamentals of the business.
Looking at the NAVR split history from start to finish, an original position size of 1000 shares would have turned into 2000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into NAVR shares, starting with a $10,000 purchase of NAVR, presented on a split-history-adjusted basis factoring in the complete NAVR split history.
Growth of $10,000.00
Without Dividends Reinvested
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| Start date: |
06/11/2013 |
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| End date: |
09/11/2013 |
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| Start price/share: |
$2.60 |
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| End price/share: |
$3.84 |
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| Dividends collected/share: |
$0.00 |
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| Total return: |
47.69% |
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| Annualized Gain: |
189.21% |
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| Starting investment: |
$10,000.00 |
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| Ending investment: |
$14,769.00 |
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| Years: |
0.25 |
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| Date |
Ratio |
| 06/24/1996 | 2 for 1
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