This Week’s -19.81% Loss In Credo Technology Group Holding Ltd (NASDAQ: CRDO) Taught Us Something New

Credo Technology Group Holding Ltd (NASDAQ:CRDO)’s traded shares stood at 0.63 million during the latest session, with the company’s beta value hitting 2.01. At the last check today, the stock’s price was $18.46, to imply a decrease of -0.70% or -$0.13 in intraday trading. The CRDO share’s 52-week high remains $23.90, putting it -29.47% down since that peak but still an impressive 61.0% since price per share fell to its 52-week low of $7.20. The company has a valuation of $3.01B, with an average of 2.19 million shares over the past 3 months.

Credo Technology Group Holding Ltd (NASDAQ:CRDO) trade information

After registering a -0.70% downside in the latest session, Credo Technology Group Holding Ltd (CRDO) has traded red over the past five days. The stock hit a weekly high of 22.81, dropping -0.70% in its intraday price action. The 5-day price performance for the stock is -19.81%, and -7.00% over 30 days. With these gigs, the year-to-date price performance is -5.19%.

Credo Technology Group Holding Ltd (CRDO) estimates and forecasts

Looking at statistics comparing Credo Technology Group Holding Ltd share performance against respective industry, we note that the company has outperformed competitors. Credo Technology Group Holding Ltd (CRDO) shares are 20.50% up over the last 6 months, with its year-to-date growth rate higher than industry average at 40.00% against 18.20%.

CRDO Dividends

Credo Technology Group Holding Ltd has its next earnings report out in May. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. Credo Technology Group Holding Ltd has a forward dividend ratio of 0, with the share yield ticking at 0.00% to continue the rising pattern observed over the past year. The company’s average dividend yield trailing the past 5-year period is 0.00%.