After Hours
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.
Stocks Info
The company is listed on the NASDAQ and operates within the Semiconductors industry segment. The current market capitalization of Credo Technology Group Holding Ltd is $13.46B. A total of 3.29 million shares were traded on the day, compared to an average of 3.78M shares.
In the most recent transaction, Cheng Chi Fung sold 60,000 shares of CRDO for 80.57 per share on Jan 21 ’25. After the transaction, the Chief Technology Officer now owns 8,268,602 company shares. In a previous transaction on Jan 21 ’25, Lam Yat Tung sold 100,000 shares at 80.57 per share. CRDO shares that Chief Operating Officer owns now total 100,000.
Among the insiders who sold shares, Lam Yat Tung disposed of 10,000 shares on Jan 21 ’25 at a per-share price of $80.59. This resulted in the Chief Operating Officer holding 2,825,621 shares of CRDO after the transaction. In another insider transaction, Cheng Chi Fung sold 60,000 shares at $69.57 per share on Jan 14 ’25. Company shares held by the Chief Technology Officer now total 8,328,602.
It has been observed that price targets are rarely accurate, but they can exert some influence from time to time, and are often accepted as valuable in the market. In terms of 52-week highs and lows, CRDO has a high of $86.69 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 10.0 estimates, with a high estimate of $0.19 per share and a lower estimate of $0.18.
Balance Sheet Annually/Quarterly
An equity investor’s investment can be viewed on a balance sheet by looking at what assets and liabilities the company has. Investors can determine the company’s prospects by calculating its financial ratios based on this information. 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
There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. 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.
