Insider’s View: Deciphering Oklo Inc. (OKLO)’s Financial Health Through Ratios

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The price of Oklo Inc. (NYSE: OKLO) closed at $7.51 in the last session, up 0.54% from day before closing price of $7.47. In other words, the price has increased by $0.54 from its previous closing price. On the day, 1.56 million shares were traded. OKLO stock price reached its highest trading level at $7.56 during the session, while it also had its lowest trading level at $7.18.

Ratios:

We take a closer look at OKLO’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 0.15 and its Current Ratio is at 0.15. In the meantime, Its Debt-to-Equity ratio is 0.00 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, Citigroup on June 04, 2024, initiated with a Neutral rating and assigned the stock a target price of $11.

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 916940992 and an Enterprise Value of 966070976. As of this moment, Oklo’s Price-to-Earnings (P/E) ratio for their current fiscal year is 40.16.

Stock Price History:

Over the past 52 weeks, OKLO has reached a high of $18.80, while it has fallen to a 52-week low of $6.84. The 50-Day Moving Average of the stock is -11.94%, while the 200-Day Moving Average is calculated to be -27.83%.

Shares Statistics:

According to the various share statistics, OKLO traded on average about 3.68M shares per day over the past 3-months and 2338010 shares per day over the past 10 days. A total of 122.10M shares are outstanding, with a floating share count of 69.46M. Insiders hold about 43.20% of the company’s shares, while institutions hold 28.49% stake in the company. Shares short for OKLO as of 1722384000 were 5133263 with a Short Ratio of 1.40, compared to 1719532800 on 5542321.

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