Credo Technology Group Holding Ltd (CRDO) concluded trading on Thursday at a closing price of $38.24, with 5.39 million shares of worth about $206.27 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 13.44% during that period and on April 10, 2025 the price saw a loss of about -11.62%. Currently the company’s common shares owned by public are about 169.70M shares, out of which, 146.67M shares are available for trading.
Stock saw a price change of 2.96% in past 5 days and over the past one month there was a price change of -19.55%. Year-to-date (YTD), CRDO shares are showing a performance of -43.10% which increased to 79.19% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $16.82 but also hit the highest price of $86.69 during that period. The average intraday trading volume for Credo Technology Group Holding Ltd shares is 6.03 million. The stock is currently trading -10.60% below its 20-day simple moving average (SMA20), while that difference is down -29.75% for SMA50 and it goes to -17.30% lower than SMA200.
Credo Technology Group Holding Ltd (NASDAQ: CRDO) currently have 169.70M outstanding shares and institutions hold larger chunk of about 74.74% of that.
The stock has a current market capitalization of $6.49B and its 3Y-monthly beta is at 2.26. PE ratio of stock for trailing 12 months is 2791.24, while it has posted earnings per share of $0.01 in the same period. Its PEG reads 16.96 and has Quick Ratio of 7.01 while making debt-to-equity ratio of 0.03. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for CRDO, volatility over the week remained 19.70% while standing at 10.07% over the month.
Stock’s fiscal year EPS is expected to rise by 583.17% while it is estimated to increase by 88.20% in next year.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Susquehanna on March 10, 2025 offering a Positive rating for the stock and assigned a target price of $60 to it. Coverage by Susquehanna stated Credo Technology Group Holding Ltd (CRDO) stock as a Neutral in their note to investors on December 17, 2024, suggesting a price target of $80 for the stock. On December 03, 2024, BofA Securities Upgrade their recommendations, while on December 03, 2024, TD Cowen Reiterated their ratings for the stock with a price target of $75. Stock get a Buy rating from Needham on December 03, 2024.
