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The price of Credo Technology Group Holding Ltd (NASDAQ: CRDO) closed at $73.00 in the last session, down -4.53% from day before closing price of $76.46. In other words, the price has decreased by -$4.53 from its previous closing price. On the day, 7.59 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 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 03, 2025, Reiterated its Buy rating but revised its target price to $85 from $50 previously.
On March 10, 2025, Susquehanna Upgraded its rating to Positive which previously was Neutral but kept the price unchanged to $60. On December 17, 2024, Susquehanna started tracking the stock assigning a Neutral rating and target price of $80.Susquehanna initiated its Neutral rating on December 17, 2024, with a $80 target price.
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 Jun 05 ’25 when Daniel Fleming bought 20,078 shares for $73.00 per share.
CHENG HUANG FAMILY TRUST bought 59,641 shares of CRDO for $4,470,427 on Jun 05 ’25. On Jun 05 ’25, another insider, WALDEN TECHNOLOGY VENTURES II , who serves as the Director of the company, bought 75,000 shares for $75.20 each.
Valuation Measures:
As of this moment, Credo’s Price-to-Earnings (P/E) ratio for their current fiscal year is 262.78, and their Forward P/E ratio for the next fiscal year is 38.64. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 7.41. For the stock, the TTM Price-to-Sale (P/S) ratio is 28.38 while its Price-to-Book (P/B) ratio in mrq is 20.04.
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 $22.50. The 50-Day Moving Average of the stock is 47.66%, while the 200-Day Moving Average is calculated to be 44.14%.
Shares Statistics:
A total of 169.80M shares are outstanding, with a floating share count of 147.06M. Insiders hold about 13.39% of the company’s shares, while institutions hold 75.72% stake in the company.
