CRDO Stock Performance and Key Statistics

CRDO has a current P/E ratio of 123.01

The CRDO stock has a trailing twelve month price-to sales (P/S) ratio of 32.34 while its price-to-book (P/B) value is 20.28.

CRDO's price-to-free-cashflow (P/FCF) ratio is 179.29, an indicator that is currently being trending upward.

Based on CRDO's recent bid, its distance from 20 days simple moving average is -6.31%. It is -4% apart from 50 days simple moving average, and it is 40.68% apart from 200 days simple moving average.

The 52-week high for CRDO is $213.80 which is -29.75% away from the current price level whereas the distance of that from the 52-week low of $29.09 stands at 416.29%.

The performance of CRDO stock was not encouraging with most of its significant price indicators in green. Credo Technology Group Holding Ltd(NASDAQ: CRDO) shares have moved upward +1.61% or $2.38 in the latest trading session and have gained 123.46% year-to-date (YTD). The stock has gained nearly 125.99% over the past year. After moving 0.54% over the trailing 3-month period, the stock is 62.9% higher in the 6-month period. Looking at its performance over the shorter term, it'sgained 7.02% a week and 12.51% a month.

The current 14-day RSI for CRDO stock is 47.45. Investors and traders alike rely on the relative strength index, or RSI, as an oscillating indicator. In terms of values, the RSI operates within a range ranging from 0 to 100. A rising RSI line indicates strength in the shares. As the RSI line falls, the opposite occurs. It is possible to examine different time periods when using the RSI indicator. Shorter time frames can cause the RSI to be more volatile. Most traders pay close attention to the marks between 30 and 70 on the RSI scale. When the stock price moves over 70, it is often considered to be an indicator of overbought conditions. Dropping below 30 indicates oversold territory. These levels are often used by traders to forecast stock price reversals.

ATR stands for Average True Range, which may be useful when traders or investors are assessing technical inventory. Currently, Credo Technology Group Holding Ltd (CRDO) has a 14-day ATR of 11.59.

After closing at $147.81 with 171.43M of its shares outstanding, the current enterprise value of CRDO is roughly 2.82B.

Credo Technology Group Holding Ltd (NASDAQ: CRDO) is up 125.99% when it comes to the percentage price change over the past 52-weeks. The percentage price change came more than that of broader S&P 500 index that came at a rise of 9.35%. CRDO stock price is also up 123.46% on its value in year-to-date trading.

The number outstanding shares of CRDO is 171.43M, and of these 88.21% shares are freely available for trading. On average, CRDO stock has traded 4.84M shares per day for the past 10 days. A total of 1.96M shares changed hands during the last trading session with the average session volume of 6.31M shares.