Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
Oklo Inc (NYSE: OKLO) closed the day trading at $50.08 down -6.79% from the previous closing price of $53.73. In other words, the price has decreased by -$6.79 from its previous closing price. On the day, 14.39 million shares were traded. OKLO stock price reached its highest trading level at $54.094 during the session, while it also had its lowest trading level at $49.21.
Ratios:
For a better understanding of OKLO, let’s look at its different 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, Craig Hallum on January 28, 2025, initiated with a Buy rating and assigned the stock a target price of $44.
On December 19, 2024, Wedbush started tracking the stock assigning a Outperform rating and target price of $26.
On September 19, 2024, B. Riley Securities started tracking the stock assigning a Buy rating and target price of $10.B. Riley Securities initiated its Buy rating on September 19, 2024, with a $10 target price.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. 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 6850743808 and an Enterprise Value of 1962486784.
Stock Price History:
The Beta on a monthly basis for OKLO is -0.34, which has changed by 4.0545626 over the last 52 weeks, in comparison to a change of 0.21313763 over the same period for the S&P500. Over the past 52 weeks, OKLO has reached a high of $59.14, while it has fallen to a 52-week low of $5.35. The 50-Day Moving Average of the stock is 73.75%, while the 200-Day Moving Average is calculated to be 217.30%.
Shares Statistics:
Over the past 3-months, OKLO traded about 18.60M shares per day on average, while over the past 10 days, OKLO traded about 27681730 shares per day. A total of 122.10M shares are outstanding, with a floating share count of 61.79M. Insiders hold about 49.39% of the company’s shares, while institutions hold 35.16% stake in the company. Shares short for OKLO as of 1730332800 were 15140418 with a Short Ratio of 0.63, compared to 1727654400 on 8577186.
Earnings Estimates
Investors are eagerly awaiting the insights provided by 4 analysts currently analyzing and rating the stock of Oklo Inc (OKLO).The consensus estimate for the next quarter is -$0.08, with high estimates of -$0.08 and low estimates of -$0.09.
Analysts are recommending an EPS of between -$0.48 and -$10.12 for the fiscal current year, implying an average EPS of -$5.65. EPS for the following year is -$0.38, with 5.0 analysts recommending between -$0.33 and -$0.5.
