Credo Technology Group Holding Ltd (NASDAQ: CRDO) on Tuesday, plunged -6.85% from the previous trading day, before settling in for the closing price of $170.16. Within the past 52 weeks, CRDO’s price has moved between $29.09 and $193.50.
The company achieved an average annual earnings per share of 193.81%. With a float of $152.18 million, this company’s outstanding shares have now reached $172.90 million.
Credo Technology Group Holding Ltd (CRDO) Insider Updates
Observing investor behavior towards Semiconductors industry stocks is more important than anything else. The insider ownership of Credo Technology Group Holding Ltd is 12.03%, while institutional ownership is 74.44%. The most recent insider transaction that took place on Nov 03 ’25, was worth 355,031. In this transaction Director of this company sold 1,875 shares at a rate of $189.35, taking the stock ownership to the 5,893,909 shares. Before that another transaction happened on Oct 30 ’25, when Company’s Pres & Chief Executive Officer sold 50,000 for $171.23, making the entire transaction worth $8,561,438. This insider now owns 1,942,502 shares in total.
Credo Technology Group Holding Ltd (CRDO) Performance Highlights and Predictions
As on 10/31/2024, Multinational firm has announced its last quarter scores, in which it reported 0.07 earnings per share (EPS) for the period topping the consensus outlook (set at 0.05) by 0.02. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.51 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 193.81% per share during the next fiscal year.
Credo Technology Group Holding Ltd (NASDAQ: CRDO) Trading Performance Indicators
Credo Technology Group Holding Ltd (CRDO) is currently performing well based on its current performance indicators. A quick ratio of 6.34 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 45.69. Likewise, its price to free cash flow for the trailing twelve months is 293.35.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.68, a number that is poised to hit 0.49 in the next quarter and is forecasted to reach 2.56 in one year’s time.
Technical Analysis of Credo Technology Group Holding Ltd (CRDO)
Credo Technology Group Holding Ltd (NASDAQ: CRDO) saw its 5-day average volume 5.05 million, a negative change from its year-to-date volume of 5.38 million. As of the previous 9 days, the stock’s Stochastic %D was 37.55%.
During the past 100 days, Credo Technology Group Holding Ltd’s (CRDO) raw stochastic average was set at 68.69%, which indicates a significant increase from 39.13% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 12.59 in the past 14 days, which was higher than the 8.26 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $153.60, while its 200-day Moving Average is $92.94. Nevertheless, the first resistance level for the watch stands at $164.36 in the near term. At $170.23, the stock is likely to face the second major resistance level. The third major resistance level sits at $173.77. If the price goes on to break the first support level at $154.95, it is likely to go to the next support level at $151.41. Assuming the price breaks the second support level, the third support level stands at $145.54.
Credo Technology Group Holding Ltd (NASDAQ: CRDO) Key Stats
Market capitalization of the company is 27.42 billion based on 172,996K outstanding shares. Right now, sales total 436,780 K and income totals 52,180 K. The company made 223,070 K in profit during its latest quarter, and 63,400 K in sales during its previous quarter.
