Credo Technology Group Holding Ltd (CRDO): Price and Financial Metrics
CRDO Price/Volume Stats
| Current price | $21.24 | 52-week high | $22.49 |
| Prev. close | $20.98 | 52-week low | $7.20 |
| Day low | $20.95 | Volume | 1,891,800 |
| Day high | $21.75 | Avg. volume | 2,196,367 |
| 50-day MA | $19.60 | Dividend yield | N/A |
| 200-day MA | $16.06 | Market Cap | 3.20B |
CRDO Stock Price Chart Interactive Chart >
CRDO POWR Grades
- CRDO scores best on the Momentum dimension, with a Momentum rank ahead of 86.94% of US stocks.
- The strongest trend for CRDO is in Stability, which has been heading up over the past 26 weeks.
- CRDO ranks lowest in Value; there it ranks in the 7th percentile.
CRDO Stock Summary
- CRDO's went public 1.94 years ago, making it older than just 1.89% of listed US stocks we're tracking.
- The price/operating cash flow metric for CREDO TECHNOLOGY GROUP HOLDING LTD is higher than 98.34% of stocks in our set with a positive cash flow.
- In terms of twelve month growth in earnings before interest and taxes, CREDO TECHNOLOGY GROUP HOLDING LTD is reporting a growth rate of 237.63%; that's higher than 95.06% of US stocks.
- Stocks that are quantitatively similar to CRDO, based on their financial statements, market capitalization, and price volatility, are SYNA, QRVO, CBAY, INMB, and MVIS.
- To dig deeper into the stock's financial statements, go to CRDO's page on browse-edgar?action=getcompany&CIK=0001807794.
CRDO Valuation Summary
- CRDO's price/earnings ratio is -87.3; this is 427.58% lower than that of the median Technology stock.
- CRDO's price/sales ratio has moved down 12.2 over the prior 23 months.
Below are key valuation metrics over time for CRDO.
| Stock | Date | P/S | P/B | P/E | EV/EBIT |
|---|---|---|---|---|---|
| CRDO | 2023-12-08 | 16.6 | 7.8 | -87.3 | -78.5 |
| CRDO | 2023-12-07 | 16.2 | 7.7 | -85.5 | -76.8 |
| CRDO | 2023-12-06 | 16.1 | 7.6 | -84.5 | -75.9 |
| CRDO | 2023-12-05 | 17.0 | 8.1 | -89.6 | -80.7 |
| CRDO | 2023-12-04 | 17.5 | 8.3 | -92.0 | -82.9 |
| CRDO | 2023-12-01 | 17.4 | 8.2 | -91.4 | -82.4 |
Credo Technology Group Holding Ltd (CRDO) Company Bio
Credo Technology Group Holding Ltd provides various high-speed connectivity solutions for optical and electrical Ethernet applications in the United States, Mexico, Malaysia, Hong Kong, and internationally. Its products include integrated circuits, active electrical cables, and SerDes chiplets that are based on its serializer/deserializer and digital signal processor technologies. The company intellectual property solutions consist of SerDes IP licensing. The company was founded in 2008 and is headquartered in San Jose, California.
Latest CRDO News From Around the Web
Below are the latest news stories about CREDO TECHNOLOGY GROUP HOLDING LTD that investors may wish to consider to help them evaluate CRDO as an investment opportunity.
Credo Technology Group Holding Ltd. (CRDO) is a Great Momentum Stock: Should You Buy?Does Credo Technology Group Holding Ltd. (CRDO) have what it takes to be a top stock pick for momentum investors? Let's find out. |
Earnings Estimates Rising for Credo Technology Group Holding Ltd. (CRDO): Will It Gain?Credo Technology Group Holding Ltd. (CRDO) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions. |
Insider Sell Alert: CFO Daniel Fleming Sells 72,500 Shares of Credo Technology Group Holding ...In a notable insider transaction, Daniel Fleming, the Chief Financial Officer (CFO) of Credo Technology Group Holding Ltd (NASDAQ:CRDO), sold 72,500 shares of the company on December 11, 2023. |
Credo announces pricing of public offeringSAN JOSE, Calif., Dec. 05, 2023 (GLOBE NEWSWIRE) -- Credo Technology Group Holding Ltd (Nasdaq: CRDO) (“Credo”) today announced the pricing of an underwritten public offering of 10,000,000 of its ordinary shares at a price to the public of $17.50 per share. An aggregate of 8,940,000 of the shares are being offered by Credo and 1,060,000 shares are being offered by selling shareholders. The gross proceeds from the offering to Credo, before deducting underwriting discounts and commissions and othe |
Credo announces launch of public offeringSAN JOSE, Calif., Dec. 05, 2023 (GLOBE NEWSWIRE) -- Credo Technology Group Holding Ltd (Nasdaq: CRDO) (“Credo”) today announced the commencement of an underwritten public offering of 10,000,000 of its ordinary shares. An aggregate of 8,940,000 of the shares are being offered by Credo and 1,060,000 of the shares are being offered by selling shareholders. Credo’s ordinary shares are listed on the Nasdaq Global Select Market under the ticker symbol “CRDO”. Credo intends to grant the underwriters fo |
CRDO Price Returns
| 1-mo | 6.47% |
| 3-mo | 32.34% |
| 6-mo | 48.22% |
| 1-year | 15.81% |
| 3-year | N/A |
| 5-year | N/A |
| YTD | 9.09% |
| 2023 | 46.28% |
| 2022 | N/A |
| 2021 | N/A |
| 2020 | N/A |
| 2019 | N/A |
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