There Is A Quest For Clarity Surrounding Credo Technology Group Holding Ltd (NASDAQ: CRDO) Volatility

After Hours

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Stocks Info

This NASDAQ-listed company operates within the Semiconductors industry segment, falling under the Technology sector. The current market capitalization of Credo Technology Group Holding Ltd is $4.44B. A total of 1.36 million shares were traded on the day, compared to an average of 2.18M shares.

In the most recent transaction, Brennan William Joseph sold 15,000 shares of CRDO for 17.71 per share on Nov 17 ’27. After the transaction, the Pres & Chief Executive Officer now owns 3,867,421 company shares. In a previous transaction on Oct 24 ’24, Brennan William Joseph sold 15,000 shares at 14.45 per share. CRDO shares that Pres & Chief Executive Officer owns now total 3,927,421.

Among the insiders who bought shares, CHENG HUANG FAMILY TRUST acquired of 330,000 shares on Aug 01 ’24 at a per-share price of $27.75. In another insider transaction, Cheng Chi Fung sold 55,000 shares at $26.85 per share on Aug 01 ’24. Company shares held by the Chief Technology Officer now total 9,278,602.

Even though price targets are rarely accurate, they do tend to exert some kind of influence from time to time and are often considered important by markets. In terms of 52-week highs and lows, CRDO has a high of $33.96 and a low of $13.38.

Balance Sheet Annually/Quarterly

In a balance sheet, you can see what assets and liabilities the company has, as well as how much equity investors have invested. These figures can be used to calculate a company’s financial ratios to give investors a better idea of its prospects. CRDO’s latest balance sheet shows that the firm has $259.32M in Cash & Short Term Investments as of fiscal 2022. There were $17.19M in debt and $26.50M in liabilities at the time. Its Book Value Per Share was $3.29, while its Total Shareholder’s Equity was $334.16M.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for CRDO is Buy with a score of 4.56.

Most Popular

Related Posts