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$1000 Invested In This Stock 5 Years Ago Would Be Worth $3,400 Today

Author: Benzinga Insights | January 18, 2024 11:00am

Anavex Life Sciences (NASDAQ:AVXL) has outperformed the market over the past 5 years by 15.54% on an annualized basis producing an average annual return of 28.04%. Currently, Anavex Life Sciences has a market capitalization of $500.73 million.

Buying $1000 In AVXL: If an investor had bought $1000 of AVXL stock 5 years ago, it would be worth $3,441.86 today based on a price of $6.10 for AVXL at the time of writing.

Anavex Life Sciences's Performance Over Last 5 Years

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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.

Posted In: AVXL