Oklo Inc [NYSE: OKLO] traded at a low on Monday, posting a -9.82 loss after which it closed the day’ session at $23.69.
The results of the trading session contributed to over 11526378 shares changing hands. Over the past one week, the price volatility of Oklo Inc stands at 11.41% while the volatility over the past one month is 12.91%.
The market cap for OKLO stock reached $2.89 billion, with 122.10 million shares outstanding and 83.15 million shares in the current float. Compared to the average trading volume of 18.13M shares, OKLO reached a trading volume of 11526378 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus 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 $44.99 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 1.71. 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.
Craig Hallum have made an estimate for Oklo Inc shares, keeping their opinion on the stock as Buy, with their previous recommendation back on January 28, 2025. While these analysts kept the previous recommendation, Wedbush raised their target price to Outperform. The new note on the price target was released on December 19, 2024, representing the official price target for Oklo Inc stock. Previously, the target price had yet another raise to $10, while B. Riley Securities analysts kept a Buy rating on OKLO stock.
The Average True Range (ATR) for Oklo Inc is set at 4.72 The Price to Book ratio for the last quarter was 10.99, with the Price to Cash per share for the same quarter was set at 1.90.
How has OKLO stock performed recently?
Oklo Inc [OKLO] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -19.37. With this latest performance, OKLO shares dropped by -50.40% in over the last four-week period, additionally plugging by 307.04% over the last 6 months – not to mention a rise of 120.78% 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 33.53, with the RSI for the last a single of trading hit 25.87, and the three-weeks RSI is set at 38.91 for Oklo Inc [OKLO]. The present Moving Average for the last 50 days of trading for this stock 34.97, while it was recorded at 27.43 for the last single week of trading, and 18.02 for the last 200 days.
Oklo Inc [OKLO]: Deeper insight into the fundamentals
Oklo Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 48.45 and a Current Ratio set at 48.45.
Earnings analysis for Oklo Inc [OKLO]
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for OKLO. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Oklo Inc go to -2.92%.
Insider trade positions for 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%.
