Credo Technology Group Holding Ltd (NASDAQ:CRDO) has a beta value of 2.03 and has seen 1.79 million shares traded in the last trading session. The company, currently valued at $2.92B, closed the last trade at $17.87 per share which meant it lost -$0.59 on the day or -3.20% during that session. The CRDO stock price is -33.74% off its 52-week high price of $23.90 and 59.71% above the 52-week low of $7.20. The 3-month trading volume is 2.08 million shares.

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

Sporting -3.20% in the red in last session, the stock has traded in the green over the last five days, when the CRDO stock price touched $17.87 or saw a rise of 5.45%. Year-to-date, Credo Technology Group Holding Ltd shares have moved -8.22%, while the 5-day performance has seen it change 1.59%. Over the past 30 days, the shares of Credo Technology Group Holding Ltd (NASDAQ:CRDO) have changed -15.95%.

Credo Technology Group Holding Ltd (CRDO) estimates and forecasts

The company’s shares have gained 28.47% over the past 6 months, compared to 19.30% for the industry. Revenue growth from the last financial year stood is estimated to be 4.50%.

9 analysts offering their estimates for the company have set an average revenue estimate of $60.72 million for the current quarter. 9 have an estimated revenue figure of $58.42 million for the next quarter concluding in Jul 2024.

Earnings growth for 2024 is a modest 42.18% while over the next 5 years, the company’s earnings are expected to increase by 20.00%.

CRDO Dividends

Credo Technology Group Holding Ltd is expected to release its next earnings report in June this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.