The 52-week high and low prices can offer valuable insights into a stock’s current standing and prospects for future performance. Credo Technology Group Holding Ltd’s current trading price is -40.72% away from its 52-week high, while its distance from the 52-week low is 202.65%. The stock’s price range for this period has been between $16.98 and $86.69 The company’s shares, which are part of the Technology sector, had a trading volume of approximately 5.3 million for the day, a number notably higher than the average daily volume of 5.24 million over the last three months.
In terms of market performance, Credo Technology Group Holding Ltd had a fairly even. The highest value for the stock in the past year was $86.69 on 01/22/25, and the lowest value was recorded at $16.98 on 05/10/24.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Credo Technology Group Holding Ltd (CRDO) has experienced a quarterly decline of -35.47% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 8.73B and boasts a workforce of 500 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 57.58, with a change in price of -18.07. Similarly, Credo Technology Group Holding Ltd recorded 5,120,890 in trading volume during the last 100 days, posting a change of -26.01%.
Understanding Ticker ‘s Debt-to-Equity Ratio: An Analysis
The debt-to-equity (D/E) ratio serves as an important indicator of a company’s financial stability and market position. By dividing a company’s total liabilities by its shareholders’ equity, the D/E ratio reveals the degree to which a company relies on debt to finance assets compared to its shareholders’ equity. At the time of writing, the total D/E ratio for CRDO stands at 0.03. Similarly, the long-term debt-to-equity ratio is also 0.02.
CRDO Stock Stochastic Average
Credo Technology Group Holding Ltd’s raw stochastic average for the past 50 days is presently 66.25%, as of today. This marks a decrease from the raw stochastic average of the last 20 days, which was 98.18%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 93.74% and 93.74%, respectively.
CRDO Stock Price Performance Analysis
Depending on how one views it, the stock price performance for the year has been a mixed bag, resulting in either an optimistic or pessimistic outlook. The index has shown a price loss of -23.54% this year. Over the last six months, there has been a weaker performance of 28.25%. The price of CRDO fallen by 45.58% during the last 30 days period. For the last 5-days stocks have improved 12.85%.
