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 $44.07, down -6.27% from its previous closing price of $47.02. In other words, the price has decreased by -$6.27 from its previous closing price. On the day, 5.27 million shares were traded. CRDO stock price reached its highest trading level at $47.0 during the session, while it also had its lowest trading level at $43.4604.
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 Mar 10 ’25 when Cheng Chi Fung sold 55,000 shares for $39.75 per share. The transaction valued at 2,186,389 led to the insider holds 8,158,602 shares of the business.
ACEVEDO SYLVIA sold 32,291 shares of CRDO for $1,343,629 on Mar 07 ’25. The Director now owns 21,433 shares after completing the transaction at $41.61 per share. On Mar 06 ’25, another insider, Fleming Daniel W., who serves as the Chief Financial Officer of the company, sold 16,288 shares for $42.83 each. As a result, the insider received 697,551 and left with 617,312 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 7483129856 and an Enterprise Value of 7120066560. As of this moment, Credo’s Price-to-Earnings (P/E) ratio for their current fiscal year is 3216.79, and their Forward P/E ratio for the next fiscal year is 38.95. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 19.75. For the stock, the TTM Price-to-Sale (P/S) ratio is 22.85 while its Price-to-Book (P/B) ratio in mrq is 12.10. Its current Enterprise Value per Revenue stands at 21.739 whereas that against EBITDA is 501.873.
Stock Price History:
The Beta on a monthly basis for CRDO is 2.22, which has changed by 1.1310444 over the last 52 weeks, in comparison to a change of 0.07465422 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 -32.23%, while the 200-Day Moving Average is calculated to be -2.05%.
Shares Statistics:
It appears that CRDO traded 5.67M shares on average per day over the past three months and 7876330 shares per day over the past ten days. A total of 169.70M shares are outstanding, with a floating share count of 146.47M. Insiders hold about 13.74% of the company’s shares, while institutions hold 74.74% stake in the company. Shares short for CRDO as of 1740700800 were 8816061 with a Short Ratio of 1.55, compared to 1738281600 on 6958673. Therefore, it implies a Short% of Shares Outstanding of 8816061 and a Short% of Float of 6.15.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
