Beyond market averages, investors seeking exceptional growth focus on the art of stock selection. The right picks can significantly contribute to the expansion of your wealth.
The price of Credo Technology Group Holding Ltd (NASDAQ: CRDO) closed at $47.67 in the last session, down -2.09% from day before closing price of $48.69. In other words, the price has decreased by -$2.09 from its previous closing price. On the day, 2.79 million shares were traded.
Ratios:
We take a closer look at CRDO’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 7.01 and its Current Ratio is at 7.67. In the meantime, Its Debt-to-Equity ratio is 0.03 whereas as Long-Term Debt/Eq ratio is at 0.02.
On December 17, 2024, Susquehanna started tracking the stock assigning a Neutral rating and target price of $80.
BofA Securities Upgraded its Underperform to Buy on December 03, 2024, while the target price for the stock was maintained at $80.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on May 02 ’25 when Cheng Chi Fung sold 55,000 shares for $48.02 per share. The transaction valued at 2,640,965 led to the insider holds 7,663,602 shares of the business.
DZHS COMMUNITY PROPERTY TRUST bought 13,333 shares of CRDO for $653,633 on May 05 ’25. On May 01 ’25, another insider, Sutardja, Pantas, who serves as the Director of the company, sold 1,875 shares for $46.01 each. As a result, the insider received 86,269 and left with 5,900,527 shares of the company.
Valuation Measures:
As of this moment, Credo’s Price-to-Earnings (P/E) ratio for their current fiscal year is 3479.56, and their Forward P/E ratio for the next fiscal year is 41.26. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 21.47. For the stock, the TTM Price-to-Sale (P/S) ratio is 24.71 while its Price-to-Book (P/B) ratio in mrq is 13.09.
Stock Price History:
Over the past 52 weeks, CRDO has reached a high of $86.69, while it has fallen to a 52-week low of $16.91. The 50-Day Moving Average of the stock is 8.18%, while the 200-Day Moving Average is calculated to be 1.14%.
Shares Statistics:
A total of 169.70M shares are outstanding, with a floating share count of 146.94M. Insiders hold about 13.46% of the company’s shares, while institutions hold 72.37% stake in the company.
