Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
In the latest session, Oklo Inc (NYSE: OKLO) closed at $22.88 down -9.35% from its previous closing price of $25.24. In other words, the price has decreased by -$9.35 from its previous closing price. On the day, 10.57 million shares were traded. OKLO stock price reached its highest trading level at $23.77 during the session, while it also had its lowest trading level at $21.52.
Ratios:
For a deeper understanding of Oklo Inc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 48.45 and its Current Ratio is at 48.45. In the meantime, Its Debt-to-Equity ratio is 0.01 whereas as Long-Term Debt/Eq ratio is at 0.00.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Wedbush on December 19, 2024, initiated with a Outperform rating and assigned the stock a target price of $26.
On September 19, 2024, B. Riley Securities started tracking the stock assigning a Buy rating and target price of $10.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Dec 23 ’24 when Kinzley Richard bought 5,000 shares for $19.95 per share. The transaction valued at 99,750 led to the insider holds 5,000 shares of the business.
DeWitte Jacob sold 230,569 shares of OKLO for $4,983,531 on Dec 20 ’24. The Co-Founder, CEO now owns 12,543,085 shares after completing the transaction at $21.61 per share. On Dec 20 ’24, another insider, Cochran Caroline, who serves as the Co-Founder, COO of the company, sold 230,569 shares for $21.61 each. As a result, the insider received 4,983,531 and left with 12,543,085 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, OKLO now has a Market Capitalization of 3452729088 and an Enterprise Value of 1962486784.
Stock Price History:
The Beta on a monthly basis for OKLO is -0.53, which has changed by 1.376648 over the last 52 weeks, in comparison to a change of 0.22263205 over the same period for the S&P500. Over the past 52 weeks, OKLO has reached a high of $31.91, while it has fallen to a 52-week low of $5.35. The 50-Day Moving Average of the stock is 2.58%, while the 200-Day Moving Average is calculated to be 73.55%.
Shares Statistics:
For the past three months, OKLO has traded an average of 19.89M shares per day and 14836010 over the past ten days. A total of 122.10M shares are outstanding, with a floating share count of 62.00M. Insiders hold about 49.22% of the company’s shares, while institutions hold 33.71% stake in the company. Shares short for OKLO as of 1730332800 were 15140418 with a Short Ratio of 0.60, compared to 1727654400 on 8577186.
