Credo Technology Group Holding Ltd (NASDAQ: CRDO) established initial surge of 3.34% at $71.22, before settling in for the price of $68.92 at the close. Taking a more long-term approach, CRDO posted a 52-week range of $16.82-$78.97.
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The company of the Technology sector’s yearbook sales growth during the past 5- year span was recorded 42.05%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 439.39%. This publicly-traded company’s shares outstanding now amounts to $167.16 million, simultaneously with a float of $135.53 million. The organization now has a market capitalization sitting at $12.31 billion. At the time of writing, stock’s 50-day Moving Average stood at $51.26, while the 200-day Moving Average is $32.36.
Credo Technology Group Holding Ltd (CRDO) Ownership Facts and Figures
Sometimes it is also beneficial to study the sentiment of large-scale investors towards the stock of the Credo Technology Group Holding Ltd industry. Credo Technology Group Holding Ltd’s current insider ownership accounts for 18.96%, in contrast to 75.46% institutional ownership. According to the most recent insider trade that took place on Dec 18 ’24, this organization’s Chief Financial Officer sold 3,790 shares at the rate of 69.93, making the entire transaction reach 265,025 in total value, affecting insider ownership by 652,666.
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 439.39% 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 4.90. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 50.12.
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)
Now, what If we examine the latest scores posted by [Credo Technology Group Holding Ltd, CRDO]. During the last 5-days, its volume was better the volume of 2.49 million it reported in year-ago period. During the previous 9 days, stock’s Stochastic %D was recorded 37.47% While, its Average True Range was 5.07.
Raw Stochastic average of Credo Technology Group Holding Ltd (CRDO) in the period of the previous 100 days is set at 86.28%, which indicates a major rise in contrast to 51.10% 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 86.54% that was lower than 94.09% volatility it exhibited in the past 100-days period.
