Credo Technology Group Holding Ltd (NASDAQ: CRDO) kicked off on Tuesday, up 4.66% from the previous trading day, before settling in for the closing price of $154.96. Over the past 52 weeks, CRDO has traded in a range of $29.09-$176.70.
While this was happening, its average annual earnings per share was recorded 193.81%. With a float of $151.90 million, this company’s outstanding shares have now reached $172.90 million.
Credo Technology Group Holding Ltd (CRDO) Insider Activity
Our next focus will be how large-scale investors are participating in this stock of the Semiconductors Industry. The insider ownership of Credo Technology Group Holding Ltd is 12.19%, while institutional ownership is 73.57%. The most recent insider transaction that took place on Oct 22 ’25, was worth 9,624,043. In this transaction Chief Operating Officer of this company sold 70,000 shares at a rate of $137.49, taking the stock ownership to the 850,000 shares. Before that another transaction happened on Oct 20 ’25, when Company’s Chief Technology Officer sold 55,000 for $150.34, making the entire transaction worth $8,268,889. This insider now owns 6,723,961 shares in total.
Credo Technology Group Holding Ltd (CRDO) Earnings and Forecasts
In the latest quarterly report, which was put into the public domain on 10/31/2024, the organization reported 0.07 earnings per share (EPS), higher than consensus estimate (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
Take a look at Credo Technology Group Holding Ltd’s (CRDO) current performance indicators. Last quarter, stock had a quick ratio of 6.34. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 46.75. Likewise, its price to free cash flow for the trailing twelve months is 300.16.
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)
Analysing the last 5-days average volume posted by the [Credo Technology Group Holding Ltd, CRDO], we can find that recorded value of 5.17 million was lower than the volume posted last year of 5.38 million. As of the previous 9 days, the stock’s Stochastic %D was 82.78%.
During the past 100 days, Credo Technology Group Holding Ltd’s (CRDO) raw stochastic average was set at 86.79%, which indicates a significant decrease from 96.17% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 11.03 in the past 14 days, which was higher than the 7.37 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $143.11, while its 200-day Moving Average is $88.23. Now, the first resistance to watch is $165.66. This is followed by the second major resistance level at $169.14. The third major resistance level sits at $174.80. If the price goes on to break the first support level at $156.53, it is likely to go to the next support level at $150.87. Should the price break the second support level, the third support level stands at $147.39.
Credo Technology Group Holding Ltd (NASDAQ: CRDO) Key Stats
The company with the Market Capitalisation of 28.06 billion has total of 172,996K Shares Outstanding. Its annual sales at the moment are 436,780 K in contrast with the sum of 52,180 K annual income. Company’s last quarter sales were recorded 223,070 K and last quarter income was 63,400 K.
