Witnessing the stock’s movement on the chart, on Thursday, Credo Technology Group Holding Ltd (NASDAQ: CRDO) had a quiet start as it plunged -0.60% to $46.49, before settling in for the price of $46.77 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
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 553.54%. This publicly-traded company’s shares outstanding now amounts to $169.70 million, simultaneously with a float of $146.47 million. The organization now has a market capitalization sitting at $7.89 billion. At the time of writing, stock’s 50-day Moving Average stood at $63.91, while the 200-day Moving Average is $45.20.
Credo Technology Group Holding Ltd (CRDO) Ownership Facts and Figures
Nothing is more important than checking the behaviour of major investors towards the stock of the Semiconductors industry. Credo Technology Group Holding Ltd’s current insider ownership accounts for 13.74%, in contrast to 74.74% institutional ownership. According to the most recent insider trade that took place on Mar 17 ’25, this organization’s Chief Technology Officer sold 55,000 shares at the rate of 47.29, making the entire transaction reach 2,600,957 in total value, affecting insider ownership by 8,103,602. Preceding that transaction, on Mar 10 ’25, Company’s Chief Technology Officer sold 55,000 for 39.75, making the whole transaction’s value amount to 2,186,389. This particular insider is now the holder of 8,158,602 in total.
Credo Technology Group Holding Ltd (CRDO) Earnings and Revenue Records
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.28 per share during the current fiscal year.
Credo Technology Group Holding Ltd’s EPS increase for this current 12-month fiscal period is 553.54% and is forecasted to reach 1.13 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 7.01. The Stock has managed to achieve an average true range (ATR) of 5.37. Alongside those numbers, its PE Ratio stands at $3393.43, and its Beta score is 2.22. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 24.10.
In the same vein, CRDO’s Diluted EPS (Earnings per Share) trailing twelve months is recorded 0.01, a figure that is expected to reach 0.27 in the next quarter, and analysts are predicting that it will be 1.13 at the market close of one year from today.
Technical Analysis of Credo Technology Group Holding Ltd (CRDO)
Going through the that latest performance of [Credo Technology Group Holding Ltd, CRDO]. Its last 5-days volume of 4.65 million was inferior to the volume of 6.02 million it revealed a year ago. During the previous 9 days, stock’s Stochastic %D was recorded 67.41% While, its Average True Range was 4.80.
Raw Stochastic average of Credo Technology Group Holding Ltd (CRDO) in the period of the previous 100 days is set at 19.28%, which indicates a major fall in contrast to 41.45% 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 130.80% that was higher than 122.51% volatility it exhibited in the past 100-days period.