Credo Technology Group Holding Ltd (NASDAQ:CRDO) currently has a daily average trading volume of 5.20M but it saw 2807454 shares traded in last market. With a market cap of 10.32B USD, the company’s current market price of $60.78 came rising about 0.55 while comparing to the previous closing price of $60.45. In past 52 weeks, the stock remained buoying in the range of price level as high as $86.69 and as low as $18.98.
The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the Susquehanna which upgraded the stock as “Positive” in its note to investors issued on March 10, 2025, recommending a price target of $60 for it. BofA Securities also issued its recommendations for the stock as it upgraded the price target for the stock is $80.
Over the week, CRDO’s stock price is moving 2.01% up while it is 50.11% when we observe its performance for the past one month. Year-to-date it is -9.57% down and over the past year, the stock is showing an upside performance of 218.39%.
Currently, Credo Technology Group Holding Ltd’s total number of outstanding shares is 169.70M with 14.76% of that held by the insiders while 77.09% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 0.81% and return on equity (ROE) at 0.89%. It has a price to earnings ratio (P/E ratio) of 4436.50 while having a 52.60 of forward P/E ratio. Stock’s beta reads 2.40. Stock has a price to book (P/B) ratio of 16.68 while price to sale or P/S ratio amounts to 31.51. Its return on asset (ROA) is 0.78% on average.
