During the last session, Credo Technology Group Holding Ltd (NASDAQ:CRDO)’s traded shares were 2.12 million, with the beta value of the company hitting 2.03. At the end of the trading day, the stock’s price was $18.17, reflecting an intraday gain of 2.19% or $0.39. The 52-week high for the CRDO share is $23.90, that puts it down -31.54 from that peak though still a striking 60.37% gain since the share price plummeted to a 52-week low of $7.20. The company’s market capitalization is $2.97B, and the average trade volume was 2.11 million shares over the past three months.
Credo Technology Group Holding Ltd (NASDAQ:CRDO) trade information
Credo Technology Group Holding Ltd (CRDO) registered a 2.19% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 2.19% in intraday trading to $18.17, hitting a weekly high. The stock’s 5-day price performance is 1.00%, and it has moved by -16.11% in 30 days. Based on these gigs, the overall price performance for the year is 135.36%.
Credo Technology Group Holding Ltd (CRDO) estimates and forecasts
Statistics show that Credo Technology Group Holding Ltd has outperformed its competitors in share price, compared to the industry in which it operates. Credo Technology Group Holding Ltd (CRDO) shares have gone up 24.84% during the last six months, with a year-to-date growth rate more than the industry average at 40.00% against 18.50. In the rating firms’ projections, revenue will increase 4.50% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 60.72M as predicted by 9 analyst(s). Meanwhile, a consensus of 9 analyst(s) estimates revenue growth to 58.42M by the end of current fiscal year.
While earnings are projected to return 42.18% in 2024, the next five years will return 20.00% per annum.
CRDO Dividends
Credo Technology Group Holding Ltd is due to release its next quarterly earnings in May. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
