Oklo Inc’s Market Journey: Closing Strong at 23.61, Up 7.22

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The closing price of Oklo Inc (NYSE: OKLO) was $23.61 for the day, up 7.22% from the previous closing price of $22.02. In other words, the price has increased by $7.22 from its previous closing price. On the day, 11.12 million shares were traded. OKLO stock price reached its highest trading level at $23.99 during the session, while it also had its lowest trading level at $21.42.

Ratios:

Our analysis of OKLO’s different ratios will help us gain a deeper understanding of the company. 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:

Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Dec 20 ’24 when DeWitte Jacob sold 230,569 shares for $21.61 per share. The transaction valued at 4,983,531 led to the insider holds 12,543,085 shares of the business.

Cochran Caroline sold 230,569 shares of OKLO for $4,983,531 on Dec 20 ’24. The Co-Founder, COO now owns 12,543,085 shares after completing the transaction at $21.61 per share.

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 3229753600 and an Enterprise Value of 1962486784.

Stock Price History:

Over the past 52 weeks, OKLO has reached a high of $28.12, while it has fallen to a 52-week low of $5.35. The 50-Day Moving Average of the stock is 12.36%, while the 200-Day Moving Average is calculated to be 90.32%.

Shares Statistics:

OKLO traded an average of 17.69M shares per day over the past three months and 16802490 shares per day over the past ten days. A total of 122.10M shares are outstanding, with a floating share count of 72.27M. Insiders hold about 40.81% of the company’s shares, while institutions hold 33.86% stake in the company. Shares short for OKLO as of 1730332800 were 15140418 with a Short Ratio of 0.85, compared to 1727654400 on 8577186.

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