Credo Technology Group Holding Ltd (NASDAQ: CRDO) established initial surge of 0.06% at $79.64, before settling in for the price of $79.59 at the close. Taking a more long-term approach, CRDO posted a 52-week range of $16.82-$86.69.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
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 445.29%. This publicly-traded company’s shares outstanding now amounts to $167.16 million, simultaneously with a float of $136.77 million. The organization now has a market capitalization sitting at $13.32 billion. At the time of writing, stock’s 50-day Moving Average stood at $68.77, while the 200-day Moving Average is $39.64.
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 18.22%, in contrast to 74.82% institutional ownership. According to the most recent insider trade that took place on Jan 31 ’25, this organization’s Director sold 1,875 shares at the rate of 66.96, making the entire transaction reach 125,550 in total value, affecting insider ownership by 5,902,402.
Credo Technology Group Holding Ltd (CRDO) Earnings and Revenue Records
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.23 per share during the current fiscal year.
Credo Technology Group Holding Ltd’s EPS increase for this current 12-month fiscal period is 445.29% and is forecasted to reach 1.01 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 6.88. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 54.23.
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 1.01 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 5.61 million it reported in year-ago period. During the previous 9 days, stock’s Stochastic %D was recorded 80.84% While, its Average True Range was 7.31.
Raw Stochastic average of Credo Technology Group Holding Ltd (CRDO) in the period of the previous 100 days is set at 88.20%, which indicates a major rise in contrast to 79.79% 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 173.98% that was higher than 107.28% volatility it exhibited in the past 100-days period.
