As on Thursday, Credo Technology Group Holding Ltd (NASDAQ: CRDO) started slowly as it slid -8.65% to $41.90, before settling in for the price of $45.87 at the close. Taking a more long-term approach, CRDO posted a 52-week range of $16.33-$48.94.
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The Technology Sector giants’ yearly sales growth during the last 5-year period was 42.05%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 292.10%. This publicly-traded company’s shares outstanding now amounts to $164.31 million, simultaneously with a float of $133.46 million. The organization now has a market capitalization sitting at $6.96 billion. At the time of writing, stock’s 50-day Moving Average stood at $35.31, while the 200-day Moving Average is $27.23.
Credo Technology Group Holding Ltd (CRDO) Ownership Facts and Figures
Another important factor to analyze is how key investors are playing towards the stock of the Semiconductors industry. Credo Technology Group Holding Ltd’s current insider ownership accounts for 19.63%, in contrast to 75.58% institutional ownership. According to the most recent insider trade that took place on Nov 12 ’24, this organization’s Chief Operating Officer sold 120,000 shares at the rate of 46.43, making the entire transaction reach 5,572,147 in total value, affecting insider ownership by 600,000. Preceding that transaction, on Nov 12 ’24, Company’s Chief Operating Officer sold 10,000 for 46.44, making the whole transaction’s value amount to 464,370. This particular insider is now the holder of 2,862,672 in total.
Credo Technology Group Holding Ltd (CRDO) Earnings and Revenue Records
Credo Technology Group Holding Ltd’s EPS increase for this current 12-month fiscal period is 292.10% and is forecasted to reach 0.78 in the upcoming year.
Credo Technology Group Holding Ltd (NASDAQ: CRDO) Trading Performance Indicators
Let’s observe the current performance indicators for Credo Technology Group Holding Ltd (CRDO). It’s Quick Ratio in the last reported quarter now stands at 7.36. The Stock has managed to achieve an average true range (ATR) of 2.40. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 31.98.
In the same vein, CRDO’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -0.16, a figure that is expected to reach 0.05 in the next quarter, and analysts are predicting that it will be 0.78 at the market close of one year from today.
Technical Analysis of Credo Technology Group Holding Ltd (CRDO)
Through scrutinizing the latest numbers posted by the [Credo Technology Group Holding Ltd, CRDO], it can be observed that its last 5-days Average volume of 2.62 million was better the volume of 2.25 million, it posted the year before. During the previous 9 days, stock’s Stochastic %D was recorded 59.61% While, its Average True Range was 2.59.
Raw Stochastic average of Credo Technology Group Holding Ltd (CRDO) in the period of the previous 100 days is set at 73.37%, which indicates a major rise in contrast to 41.58% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 74.09% that was higher than 67.75% volatility it exhibited in the past 100-days period.
