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.
As of close of business last night, Credo Technology Group Holding Ltd’s stock clocked out at $39.18, up 0.20% from its previous closing price of $39.10. In other words, the price has increased by $0.20 from its previous closing price. On the day, 2.42 million shares were traded. CRDO stock price reached its highest trading level at $40.48 during the session, while it also had its lowest trading level at $38.7.
Ratios:
To gain a deeper understanding of CRDO’s stock, we examine its different ratios. 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:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Apr 11 ’25 when Fleming Daniel W. sold 3,790 shares for $40.75 per share. The transaction valued at 154,453 led to the insider holds 608,602 shares of the business.
Cheng Chi Fung sold 55,000 shares of CRDO for $2,133,028 on Apr 10 ’25. The Chief Technology Officer now owns 7,883,602 shares after completing the transaction at $38.78 per share. On Apr 14 ’25, another insider, Laufman James, who serves as the Officer of the company, bought 8,000 shares for $40.00 each.
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 6652803072 and an Enterprise Value of 6289738752. As of this moment, Credo’s Price-to-Earnings (P/E) ratio for their current fiscal year is 2859.85, and their Forward P/E ratio for the next fiscal year is 33.86. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 17.37. For the stock, the TTM Price-to-Sale (P/S) ratio is 20.31 while its Price-to-Book (P/B) ratio in mrq is 10.75. Its current Enterprise Value per Revenue stands at 19.203 whereas that against EBITDA is 443.345.
Stock Price History:
The Beta on a monthly basis for CRDO is 2.29, which has changed by 1.1075847 over the last 52 weeks, in comparison to a change of 0.07455289 over the same period for the S&P500. Over the past 52 weeks, CRDO has reached a high of $86.69, while it has fallen to a 52-week low of $16.82. The 50-Day Moving Average of the stock is -25.58%, while the 200-Day Moving Average is calculated to be -15.51%.
Shares Statistics:
It appears that CRDO traded 6.02M shares on average per day over the past three months and 5409430 shares per day over the past ten days. A total of 169.70M shares are outstanding, with a floating share count of 146.74M. Insiders hold about 13.58% of the company’s shares, while institutions hold 74.70% stake in the company. Shares short for CRDO as of 1743379200 were 10636145 with a Short Ratio of 1.77, compared to 1740700800 on 8816061. Therefore, it implies a Short% of Shares Outstanding of 10636145 and a Short% of Float of 7.4200004.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
