Golden Ocean Group (NASDAQ:GOGL) has outperformed the market over the past 5 years by 3.91% on an annualized basis producing an average annual return of 15.66%. Currently, Golden Ocean Group has a market capitalization of $2.75 billion.
Buying $1000 In GOGL: If an investor had bought $1000 of GOGL stock 5 years ago, it would be worth $2,042.41 today based on a price of $13.72 for GOGL at the time of writing.
Golden Ocean Group's Performance Over Last 5 Years
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
