Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
The closing price of Oklo Inc (NYSE: OKLO) was $38.79 for the day, down -9.07% from the previous closing price of $42.66. In other words, the price has decreased by -$9.07 from its previous closing price. On the day, 13.9 million shares were traded.
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, 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:
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 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.
Stock Price History:
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 19.00%, while the 200-Day Moving Average is calculated to be 128.19%.
Shares Statistics:
A total of 122.10M shares are outstanding, with a floating share count of 83.15M. Insiders hold about 31.89% of the company’s shares, while institutions hold 30.91% stake in the company.
