Credo Technology Group Holding Ltd (NASDAQ:CRDO) currently has a daily average trading volume of 4.82M but it saw 6861708 shares traded in last market. With a market cap of 12.62B USD, the company’s current market price of $74.34 came rising about 3.77 while comparing to the previous closing price of $71.64. In past 52 weeks, the stock remained buoying in the range of price level as high as $86.69 and as low as $22.50. In the recent trading on the day, stock has struck highest price mark of $70.79 while lowest mark touched by it was $77.09.
The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the TD Cowen which reiterated the stock as “Buy” in its note to investors issued on June 03, 2025, recommending a price target of between $50 and $85 for it. Susquehanna upgraded its recommendation for the stock as a “Positive” from “Neutral” on March 10, 2025 while assigning a price target of $60. Susquehanna issued its recommendations for the stock as it initiated the price target for the stock is $80.
Over the week, CRDO’s stock price is moving 1.84% up while it is 25.85% when we observe its performance for the past one month. Year-to-date it is 10.61% up and over the past year, the stock is showing an upside performance of 160.20%.
Currently, Credo Technology Group Holding Ltd’s total number of outstanding shares is 169.80M with 14.70% of that held by the insiders while 77.06% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 7.52% and return on equity (ROE) at 8.54%. It has a price to earnings ratio (P/E ratio) of 267.60 while having a 38.90 of forward P/E ratio. Stock’s beta reads 2.43. Stock has a price to book (P/B) ratio of 20.41 while price to sale or P/S ratio amounts to 28.90. Its return on asset (ROA) is 7.40% on average.
