Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
In the latest session, Credo Technology Group Holding Ltd (NASDAQ: CRDO) closed at $68.53 down -3.60% from its previous closing price of $71.09. In other words, the price has decreased by -$3.60 from its previous closing price. On the day, 5.95 million shares were traded.
Ratios:
For a deeper understanding of Credo Technology Group Holding Ltd’s stock, let’s take a closer look at its various 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 03, 2025, Reiterated its Buy rating but revised its target price to $85 from $50 previously.
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:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Jun 05 ’25 when Cheng Chi Fung sold 59,641 shares for $74.96 per share. The transaction valued at 4,470,427 led to the insider holds 7,603,961 shares of the business.
Cheng Chi Fung sold 55,000 shares of CRDO for $3,989,329 on Jun 09 ’25. The Chief Technology Officer now owns 7,548,961 shares after completing the transaction at $72.53 per share. On Jun 05 ’25, another insider, TAN LIP BU, who serves as the Director of the company, sold 75,000 shares for $75.20 each. As a result, the insider received 5,640,261 and left with 888,725 shares of the company.
Valuation Measures:
As of this moment, Credo’s Price-to-Earnings (P/E) ratio for their current fiscal year is 246.69, and their Forward P/E ratio for the next fiscal year is 36.27. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 6.96. For the stock, the TTM Price-to-Sale (P/S) ratio is 26.64 while its Price-to-Book (P/B) ratio in mrq is 18.81.
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 34.03%, while the 200-Day Moving Average is calculated to be 33.82%.
Shares Statistics:
A total of 169.80M shares are outstanding, with a floating share count of 147.08M. Insiders hold about 13.38% of the company’s shares, while institutions hold 75.75% stake in the company.
