Market Insight: Oklo Inc. (OKLO)’s Notable Drop, Closing at 5.97

Those aspiring to outpace the market meticulously engage in the process of selecting individual stocks. Strategic choices can be instrumental in accelerating your wealth.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

In the latest session, Oklo Inc. (NYSE: OKLO) closed at $5.97 down -7.30% from its previous closing price of $6.44. In other words, the price has decreased by -$7.30 from its previous closing price. On the day, 3.12 million shares were traded. OKLO stock price reached its highest trading level at $6.48 during the session, while it also had its lowest trading level at $5.9.

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 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 728913088 and an Enterprise Value of 493668640. As of this moment, Oklo’s Price-to-Earnings (P/E) ratio for their current fiscal year is 31.93.

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 $6.18. The 50-Day Moving Average of the stock is -25.77%, while the 200-Day Moving Average is calculated to be -41.69%.

Shares Statistics:

For the past three months, OKLO has traded an average of 3.06M shares per day and 1989140 over the past ten days. A total of 122.10M shares are outstanding, with a floating share count of 69.46M. Insiders hold about 43.11% of the company’s shares, while institutions hold 28.44% stake in the company. Shares short for OKLO as of 1723680000 were 6017719 with a Short Ratio of 1.97, compared to 1721001600 on 4841375.

Most Popular