As on Wednesday, Credo Technology Group Holding Ltd (NASDAQ: CRDO) started slowly as it slid -2.38% to $69.01, before settling in for the price of $70.69 at the close. Taking a more long-term approach, CRDO posted a 52-week range of $16.82-$72.30.
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In the past 5-years timespan, the Technology sector firm’s annual sales growth was 42.05%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 434.44%. This publicly-traded company’s shares outstanding now amounts to $167.16 million, simultaneously with a float of $133.71 million. The organization now has a market capitalization sitting at $11.46 billion. At the time of writing, stock’s 50-day Moving Average stood at $40.89, while the 200-day Moving Average is $29.00.
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 19.48%, in contrast to 76.03% institutional ownership. According to the most recent insider trade that took place on Dec 02 ’24, this organization’s Chief Technology Officer sold 55,000 shares at the rate of 48.57, making the entire transaction reach 2,671,353 in total value, affecting insider ownership by 8,618,602. Preceding that transaction, on Dec 02 ’24, Company’s Chief Financial Officer sold 12,504 for 48.48, making the whole transaction’s value amount to 606,251. This particular insider is now the holder of 656,456 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 434.44% and is forecasted to reach 0.97 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 10.11. The Stock has managed to achieve an average true range (ATR) of 4.56. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 46.66.
In the same vein, CRDO’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -0.14, a figure that is expected to reach 0.18 in the next quarter, and analysts are predicting that it will be 0.97 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 7.36 million was better the volume of 2.37 million, it posted the year before. During the previous 9 days, stock’s Stochastic %D was recorded 80.80% While, its Average True Range was 5.61.
Raw Stochastic average of Credo Technology Group Holding Ltd (CRDO) in the period of the previous 100 days is set at 88.09%, which indicates a major rise in contrast to 82.59% 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 174.97% that was higher than 93.17% volatility it exhibited in the past 100-days period.
