On Tuesday, Credo Technology Group Holding Ltd (NASDAQ: CRDO) opened higher 4.06% from the last session, before settling in for the closing price of $115.41. Price fluctuations for CRDO have ranged from $24.08 to $128.56 over the past 52 weeks.
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Company’s average yearly earnings per share was noted 129.30% at the time writing. With a float of $149.33 million, this company’s outstanding shares have now reached $171.17 million.
Credo Technology Group Holding Ltd (CRDO) Insider Updates
A key investor’s attitude towards the stock of the Semiconductors industry is another important factor to consider. The insider ownership of Credo Technology Group Holding Ltd is 13.00%, while institutional ownership is 74.69%. The most recent insider transaction that took place on Aug 01 ’25, was worth 16,031,136. In this transaction Pres & Chief Executive Officer of this company sold 150,000 shares at a rate of $106.87, taking the stock ownership to the 2,061,978 shares. Before that another transaction happened on Aug 01 ’25, when Company’s Pres & Chief Executive Officer sold 46,444 for $106.87, making the entire transaction worth $4,963,664. This insider now owns 393,338 shares in total.
Credo Technology Group Holding Ltd (CRDO) Performance Highlights and Predictions
If we go through the results of last quarter, which was made public on 7/31/2024, the company posted 0.04 earnings per share (EPS) for the quarter, besting the agreed prediction (set at 0.04) by -0. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.37 per share during the current fiscal year.
Credo Technology Group Holding Ltd (NASDAQ: CRDO) Trading Performance Indicators
Check out the current performance indicators for Credo Technology Group Holding Ltd (CRDO). In the past quarter, the stock posted a quick ratio of 5.79. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 47.20. Likewise, its price to free cash flow for the trailing twelve months is 710.34.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.28, a number that is poised to hit 0.35 in the next quarter and is forecasted to reach 2.12 in one year’s time.
Technical Analysis of Credo Technology Group Holding Ltd (CRDO)
Let’s dig in a bit further. During the last 5-days, its volume was 3.91 million. That was inferior than the volume of 5.17 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 65.63%.
During the past 100 days, Credo Technology Group Holding Ltd’s (CRDO) raw stochastic average was set at 91.49%, which indicates a significant increase from 70.32% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 6.81 in the past 14 days, which was higher than the 4.64 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $102.79, while its 200-day Moving Average is $69.10. However, in the short run, Credo Technology Group Holding Ltd’s stock first resistance to watch stands at $122.63. Second resistance stands at $125.16. The third major resistance level sits at $128.93. If the price goes on to break the first support level at $116.33, it is likely to go to the next support level at $112.56. Assuming the price breaks the second support level, the third support level stands at $110.03.
Credo Technology Group Holding Ltd (NASDAQ: CRDO) Key Stats
There are currently 171,642K shares outstanding in the company with a market cap of 20.61 billion. Presently, the company’s annual sales total 436,780 K according to its annual income of 52,180 K. Last quarter, the company’s sales amounted to 170,030 K and its income totaled 36,590 K.
