Credo Technology Group Holding Ltd (NASDAQ: CRDO) open the trading on Wednesday, with great promise as it jumped 7.58% to $61.29, before settling in for the price of $56.97 at the close. Taking a more long-term approach, CRDO posted a 52-week range of $16.82-$86.69.
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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 445.13%. This publicly-traded company’s shares outstanding now amounts to $167.16 million, simultaneously with a float of $143.81 million. The organization now has a market capitalization sitting at $10.25 billion. At the time of writing, stock’s 50-day Moving Average stood at $71.47, while the 200-day Moving Average is $43.02.
Credo Technology Group Holding Ltd (CRDO) Ownership Facts and Figures
Sometimes it helps to make our mind if we keep our tabs on how bigger investors are working with the stock of the Semiconductors industry. Credo Technology Group Holding Ltd’s current insider ownership accounts for 14.01%, in contrast to 75.83% institutional ownership. According to the most recent insider trade that took place on Feb 24 ’25, this organization’s Chief Operating Officer sold 10,000 shares at the rate of 61.81, making the entire transaction reach 618,111 in total value, affecting insider ownership by 2,815,621.
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 445.13% and is forecasted to reach 1.02 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 6.50. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 41.74.
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 1.02 at the market close of one year from today.
Technical Analysis of Credo Technology Group Holding Ltd (CRDO)
[Credo Technology Group Holding Ltd, CRDO] recent stats showed that its last 5-days Average volume was superior the volume it posted in the year-ago period. During the previous 9 days, stock’s Stochastic %D was recorded 17.54% While, its Average True Range was 6.56.
Raw Stochastic average of Credo Technology Group Holding Ltd (CRDO) in the period of the previous 100 days is set at 55.85%, which indicates a major rise in contrast to 25.03% 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 71.06% that was lower than 110.68% volatility it exhibited in the past 100-days period.
