Is Credo Technology Group Holding Ltd (NASDAQ: CRDO) No Longer A Good Investment?

After Hours

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility.

Stocks Info

CRDO belongs to the Technology sector of the NASDAQ while operating in the Semiconductors industry. The current market capitalization of Credo Technology Group Holding Ltd is $6.64B. A total of 2.8 million shares were traded on the day, compared to an average of 6.00M shares.

In the most recent transaction, Cheng Chi Fung sold 55,000 shares of CRDO for 38.78 per share on Apr 10 ’25. After the transaction, the Chief Technology Officer now owns 7,883,602 company shares. In a previous transaction on Apr 14 ’25, Laufman James bought 8,000 shares at 40.00 per share.

Among the insiders who bought shares, Daniel Fleming acquired of 3,790 shares on Apr 10 ’25 at a per-share price of $38.24. In another insider transaction, Cheng Chi Fung sold 55,000 shares at $32.96 per share on Apr 04 ’25. Company shares held by the Chief Technology Officer now total 7,938,602.

While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. In terms of 52-week highs and lows, CRDO has a high of $86.69 and a low of $16.82.

Balance Sheet Annually/Quarterly

An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using 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 $3.64, while its Total Shareholder’s Equity was $334.16M.

Analysts Opinion

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. 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 4.89.

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