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.
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 $12.34B. A total of 3.84 million shares were traded on the day, compared to an average of 3.45M shares.
In the most recent transaction, Daniel Fleming bought 22,538 shares of CRDO for 73.80 per share on Jan 10 ’25. In a previous transaction on Jan 10 ’25, CHUNG (BVI) CO LTD bought 300,000 shares at 73.02 per share.
Among the insiders who sold shares, Cheng Chi Fung disposed of 60,000 shares on Jan 08 ’25 at a per-share price of $72.09. This resulted in the Chief Technology Officer holding 8,388,602 shares of CRDO after the transaction. In another insider transaction, TAN LIP BU sold 150,000 shares at $76.09 per share on Jan 06 ’25. Company shares held by the Director now total 1,113,725.
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 $78.97 and a low of $16.82.
As of this writing, CRDO has an earnings estimate of $0.18 per share for the current quarter. EPS was calculated based on a consensus of 11.0 estimates, with a high estimate of $0.19 per share and a lower estimate of $0.18.
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 $3.40, 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 4.70.
