Oklo Inc. [NYSE: OKLO] gained 15.89% on the last trading session, reaching $18.23 price per share at the time.
If compared to the average trading volume of 4.92M shares, OKLO reached a trading volume of 49413422 in the most recent trading day, which is why market watchdogs consider the stock to be active.
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Here is what top equities market gurus are saying 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 $10.83 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 1.67 The Price to Book ratio for the last quarter was 8.26, with the Price to Cash per share for the same quarter was set at 1.93.
Trading performance analysis for OKLO stock
Oklo Inc. [OKLO] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 99.23. With this latest performance, OKLO shares gained by 175.79% in over the last four-week period, additionally plugging by 45.84% over the last 6 months – not to mention a rise of 76.65% 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 80.24, with the RSI for the last a single of trading hit 82.82, and the three-weeks RSI is set at 77.40 for Oklo Inc. [OKLO]. The present Moving Average for the last 50 days of trading for this stock 8.19, while it was recorded at 14.44 for the last single week of trading, and 9.93 for the last 200 days.
Oklo Inc. [OKLO]: A deeper dive into fundamental analysis
Oklo Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 49.03 and a Current Ratio set at 49.03.
An analysis of Institutional ownership at Oklo Inc. [OKLO]
The top three institutional holders of OKLO stocks are: DATA COLLECTIVE IV GP, LLC with ownership of 6.92 million shares, which is approximately 6.9193%. ENCOMPASS CAPITAL ADVISORS LLC, holding 5.72 million shares of the stock with an approximate value of $$48.42 million in OKLO stocks shares; and ENCOMPASS CAPITAL ADVISORS LLC, currently with $$33.21 million in OKLO stock with ownership which is approximately 3.9196%.
