Oklo Inc. [OKLO] Is Currently 0.00 below its 200 Period Moving Avg: What Does This Mean?

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Oklo Inc. [NYSE: OKLO] plunged by $0.0 during the normal trading session on while it closed the day at $8.31.

Oklo Inc. stock has also gained 31.90% of its value over the past 7 days. However, OKLO stock has declined by -11.69% in the 3 months of the year. Over the past six months meanwhile, it has lost -23.41% and lost -21.31% year-on date.

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The market cap for OKLO stock reached $1.01 billion, with 122.10 million shares outstanding and 69.46 million shares in the current float. Compared to the average trading volume of 2.97M shares, OKLO reached a trading volume of 7089491 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here’s what leading stock market gurus have to say about Oklo Inc. [OKLO]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for OKLO shares is $11.17 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on OKLO stock is a recommendation set at 2.25. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

B. Riley Securities have made an estimate for Oklo Inc. shares, keeping their opinion on the stock as Buy, with their previous recommendation back on September 19, 2024. While these analysts kept the previous recommendation, Seaport Research Partners raised their target price to Neutral. The new note on the price target was released on September 06, 2024, representing the official price target for Oklo Inc. stock. Previously, the target price had yet another raise to $11, while Citigroup analysts kept a Neutral rating on OKLO stock.

The Average True Range (ATR) for Oklo Inc. is set at 0.61 The Price to Book ratio for the last quarter was 3.77, with the Price to Cash per share for the same quarter was set at 1.93.

OKLO stock trade performance evaluation

Oklo Inc. [OKLO] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 31.90. With this latest performance, OKLO shares gained by 17.87% in over the last four-week period, additionally sinking by -23.41% over the last 6 months – not to mention a drop of -19.71% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for OKLO stock in for the last two-week period is set at 68.33, with the RSI for the last a single of trading hit 78.51, and the three-weeks RSI is set at 60.58 for Oklo Inc. [OKLO]. The present Moving Average for the last 50 days of trading for this stock 7.38, while it was recorded at 7.57 for the last single week of trading, and 9.91 for the last 200 days.

Oklo Inc. [OKLO]: An insightful look at the core fundamentals

Oklo Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 49.03 and a Current Ratio set at 49.03.

Oklo Inc. [OKLO]: Institutional Ownership