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After finishing at $92.59 in the prior trading day, Credo Technology Group Holding Ltd (NASDAQ: CRDO) closed at $87.59, down -5.40%. In other words, the price has decreased by -$5.40 from its previous closing price. On the day, 7.08 million shares were traded. CRDO stock price reached its highest trading level at $91.46 during the session, while it also had its lowest trading level at $84.25.
Ratios:
Our goal is to gain a better understanding of CRDO by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 5.79 and its Current Ratio is at 6.62. In the meantime, Its Debt-to-Equity ratio is 0.02 whereas as Long-Term Debt/Eq ratio is at 0.02.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, TD Cowen on June 18, 2025, Reiterated its Buy rating but revised its target price to $95 from $85 previously.
On June 03, 2025, TD Cowen reiterated its Buy rating and also lowered its target price recommendation from $50 to $85.
Susquehanna Upgraded its Neutral to Positive on March 10, 2025, while the target price for the stock was maintained at $60.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Jun 24 ’25 when TAN LIP BU sold 80,000 shares for $90.77 per share. The transaction valued at 7,261,816 led to the insider holds 479,428 shares of the business.
TAN LIP BU sold 12,248 shares of CRDO for $1,141,729 on Jun 25 ’25. The Director now owns 467,180 shares after completing the transaction at $93.22 per share. On Jun 23 ’25, another insider, Cheng Chi Fung, who serves as the Chief Technology Officer of the company, sold 55,000 shares for $84.37 each. As a result, the insider received 4,640,177 and left with 7,438,961 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CRDO now has a Market Capitalization of 15726958592 and an Enterprise Value of 15359154176. As of this moment, Credo’s Price-to-Earnings (P/E) ratio for their current fiscal year is 315.30, and their Forward P/E ratio for the next fiscal year is 45.83. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 8.89. For the stock, the TTM Price-to-Sale (P/S) ratio is 34.05 while its Price-to-Book (P/B) ratio in mrq is 24.04. Its current Enterprise Value per Revenue stands at 35.165 whereas that against EBITDA is 269.278.
Stock Price History:
The Beta on a monthly basis for CRDO is 2.58, which has changed by 1.7735908 over the last 52 weeks, in comparison to a change of 0.11937654 over the same period for the S&P500. Over the past 52 weeks, CRDO has reached a high of $95.71, while it has fallen to a 52-week low of $22.50. The 50-Day Moving Average of the stock is 36.69%, while the 200-Day Moving Average is calculated to be 59.36%.
Shares Statistics:
The stock has traded on average 5.10M shares per day over the past 3-months and 6297140 shares per day over the last 10 days, according to various share statistics. A total of 169.80M shares are outstanding, with a floating share count of 147.86M. Insiders hold about 12.92% of the company’s shares, while institutions hold 75.97% stake in the company. Shares short for CRDO as of 1749772800 were 7631754 with a Short Ratio of 1.50, compared to 1747267200 on 9528246. Therefore, it implies a Short% of Shares Outstanding of 7631754 and a Short% of Float of 5.3200003.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
