CRDO
Price
$21.19
Change
-$0.01 (-0.05%)
Updated
Mar 28, 6:59 PM EST
62 days until earnings call
CRNT
Price
$3.20
Change
-$0.02 (-0.62%)
Updated
Mar 28, 6:59 PM EST
31 days until earnings call
Ad is loading...

Compare trend and price CRDO vs CRNT

Header iconCRDO vs CRNT Comparison
Open Charts CRDO vs CRNTBanner chart's image
Credo Technology Group Holding
Price$21.19
Change-$0.01 (-0.05%)
Volume$1.23M
CapitalizationN/A
Ceragon Networks
Price$3.20
Change-$0.02 (-0.62%)
Volume$224.8K
CapitalizationN/A
View a ticker or compare two or three
CRDO vs CRNT Comparison Chart

Loading...

CRDODaily Signal changed days agoGain/Loss if shorted
 
Show more...
CRNTDaily Signal changed days agoGain/Loss if shorted
 
Show more...
VS
CRDO vs. CRNT commentary
Mar 29, 2024

To compare these two companies we present long-term analysis, their fundamental ratings and make comparative short-term technical analysis which are presented below. The conclusion is CRDO is a Hold and CRNT is a Buy.

COMPARISON
Comparison
Mar 29, 2024
Stock price -- (CRDO: $21.17 vs. CRNT: $3.20)
Brand notoriety: CRDO and CRNT are both not notable
Both companies represent the Telecommunications Equipment industry
Current volume relative to the 65-day Moving Average: CRDO: 53% vs. CRNT: 60%
Market capitalization -- CRDO: $3.46B vs. CRNT: $273.78M
CRDO [@Telecommunications Equipment] is valued at $3.46B. CRNT’s [@Telecommunications Equipment] market capitalization is $273.78M. The market cap for tickers in the [@Telecommunications Equipment] industry ranges from $202.05B to $0. The average market capitalization across the [@Telecommunications Equipment] industry is $4.26B.

Long-Term Analysis

It is best to consider a long-term outlook for a ticker by using Fundamental Analysis (FA) ratings. The rating of 1 to 100, where 1 is best and 100 is worst, is divided into thirds. The first third (a green rating of 1-33) indicates that the ticker is undervalued; the second third (a grey number between 34 and 66) means that the ticker is valued fairly; and the last third (red number of 67 to 100) reflects that the ticker is undervalued. We use an FA Score to show how many ratings show the ticker to be undervalued (green) or overvalued (red).

CRDO’s FA Score shows that 0 FA rating(s) are green whileCRNT’s FA Score has 0 green FA rating(s).

  • CRDO’s FA Score: 0 green, 5 red.
  • CRNT’s FA Score: 0 green, 5 red.
According to our system of comparison, CRNT is a better buy in the long-term than CRDO.

Short-Term Analysis

It is best to consider a short-term outlook for a ticker by using Technical Analysis (TA) indicators. We use Odds of Success as the percentage of outcomes which confirm successful trade signals in the past.

If the Odds of Success (the likelihood of the continuation of a trend) for each indicator are greater than 50%, then the generated signal is confirmed. A green percentage from 90% to 51% indicates that the ticker is in a bullish trend. A red percentage from 90% - 51% indicates that the ticker is in a bearish trend. All grey percentages are below 50% and are considered not to confirm the trend signal.

CRDO’s TA Score shows that 5 TA indicator(s) are bullish while CRNT’s TA Score has 4 bullish TA indicator(s).

  • CRDO’s TA Score: 5 bullish, 4 bearish.
  • CRNT’s TA Score: 4 bullish, 4 bearish.
According to our system of comparison, CRDO is a better buy in the short-term than CRNT.

Price Growth

CRDO (@Telecommunications Equipment) experienced а -2.10% price change this week, while CRNT (@Telecommunications Equipment) price change was +0.95% for the same time period.

The average weekly price growth across all stocks in the @Telecommunications Equipment industry was -0.07%. For the same industry, the average monthly price growth was +3.26%, and the average quarterly price growth was +1.58%.

Reported Earning Dates

CRDO is expected to report earnings on May 30, 2024.

CRNT is expected to report earnings on Apr 29, 2024.

Industries' Descriptions

@Telecommunications Equipment (-0.07% weekly)

The Telecommunications Equipment industry produces voice and data communications equipment, which includes fiber optic delivery products, digital signal processors, high-speed voice, data and video delivery. Additionally, satellite systems, global positioning systems, wireless data systems, personal communications equipment, telephone handsets and payload equipment for satellites also fall into this category. Apple Inc., QUALCOMM Incorporated and Nokia are major global players in this segment.

SUMMARIES
A.I.dvisor published
a Summary for CRDO with price predictions.
OPEN
A.I.dvisor published
a Summary for CRNT with price predictions.
OPEN
FUNDAMENTALS
Fundamentals
CRDO($3.46B) has a higher market cap than CRNT($274M). CRNT YTD gains are higher at: 48.148 vs. CRDO (8.706). CRNT has higher annual earnings (EBITDA): 30.2M vs. CRDO (-32.5M). CRDO has more cash in the bank: 409M vs. CRNT (28.2M). CRDO has less debt than CRNT: CRDO (14.4M) vs CRNT (50.2M). CRNT has higher revenues than CRDO: CRNT (347M) vs CRDO (164M).
CRDOCRNTCRDO / CRNT
Capitalization3.46B274M1,261%
EBITDA-32.5M30.2M-108%
Gain YTD8.70648.14818%
P/E RatioN/A45.71-
Revenue164M347M47%
Total Cash409M28.2M1,450%
Total Debt14.4M50.2M29%
FUNDAMENTALS RATINGS
CRNT: Fundamental Ratings
CRNT
OUTLOOK RATING
1..100
69
VALUATION
overvalued / fair valued / undervalued
1..100
67
Overvalued
PROFIT vs RISK RATING
1..100
100
SMR RATING
1..100
84
PRICE GROWTH RATING
1..100
37
P/E GROWTH RATING
1..100
55
SEASONALITY SCORE
1..100
n/a

Tickeron ratings are formulated such that a rating of 1 designates the most successful stocks in a given industry, while a rating of 100 points to the least successful stocks for that industry.

TECHNICAL ANALYSIS
Technical Analysis
CRDOCRNT
RSI
ODDS (%)
N/A
Bearish Trend 1 day ago
79%
Stochastic
ODDS (%)
Bearish Trend 1 day ago
81%
Bearish Trend 1 day ago
75%
Momentum
ODDS (%)
Bullish Trend 1 day ago
79%
Bullish Trend 1 day ago
74%
MACD
ODDS (%)
Bullish Trend 1 day ago
88%
Bullish Trend 1 day ago
79%
TrendWeek
ODDS (%)
Bearish Trend 1 day ago
83%
Bullish Trend 1 day ago
78%
TrendMonth
ODDS (%)
Bearish Trend 1 day ago
76%
Bullish Trend 1 day ago
80%
Advances
ODDS (%)
Bullish Trend 4 days ago
84%
Bullish Trend 8 days ago
80%
Declines
ODDS (%)
Bearish Trend 1 day ago
83%
Bearish Trend 10 days ago
82%
BollingerBands
ODDS (%)
Bullish Trend 1 day ago
80%
Bearish Trend 1 day ago
76%
Aroon
ODDS (%)
Bullish Trend 1 day ago
68%
Bullish Trend 1 day ago
81%
View a ticker or compare two or three
Ad is loading...
CRDODaily Signal changed days agoGain/Loss if shorted
 
Show more...
CRNTDaily Signal changed days agoGain/Loss if shorted
 
Show more...
Interesting Tickers
1D
1W
1M
1Q
6M
1Y
5Y
1 Day
MFs / NAMEPrice $Chg $Chg %
DRECX41.110.42
+1.03%
Davis Real Estate C
MPMCX17.36N/A
N/A
BNY Mellon Mid Cap Multi-Strategy M
ESCGX9.60N/A
N/A
Ashmore Emerging Markets Equity ESG C
RSPMX28.04N/A
N/A
Victory RS Partners Member
FATEX98.37-0.42
-0.43%
Fidelity Advisor Technology M

CRDO and

Correlation & Price change

A.I.dvisor indicates that over the last year, CRDO has been loosely correlated with LITE. These tickers have moved in lockstep 36% of the time. This A.I.-generated data suggests there is some statistical probability that if CRDO jumps, then LITE could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To CRDO
1D Price
Change %
CRDO100%
-0.17%
LITE - CRDO
36%
Loosely correlated
-2.27%
ONDS - CRDO
35%
Loosely correlated
+0.01%
CAMP - CRDO
30%
Poorly correlated
-2.99%
AMPG - CRDO
30%
Poorly correlated
-6.00%
SATS - CRDO
30%
Poorly correlated
+1.64%
More

CRNT and

Correlation & Price change

A.I.dvisor tells us that CRNT and KN have been poorly correlated (+28% of the time) for the last year. This A.I.-generated data suggests there is low statistical probability that CRNT and KN's prices will move in lockstep.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To CRNT
1D Price
Change %
CRNT100%
-0.62%
KN - CRNT
28%
Poorly correlated
+2.55%
CRDO - CRNT
27%
Poorly correlated
-0.17%
INFN - CRNT
25%
Poorly correlated
+9.44%
AVNW - CRNT
24%
Poorly correlated
+0.13%
NTGR - CRNT
23%
Poorly correlated
-0.44%
More