Oklo Inc. (OKLO): What Makes The Stock Good?

Oklo Inc. (NYSE:OKLO) has a beta value of -0.25 and has seen 3.69 million shares traded in the last trading session. The company, currently valued at $1.12B, closed the last trade at $9.15 per share which meant it lost -$0.66 on the day or -6.73% during that session. The OKLO stock price is -105.46% off its 52-week high price of $18.80 and 41.53% above the 52-week low of $5.35. If we look at the company’s 10-day average daily trading volume, we find that it stood at 4.43 million shares traded. The 3-month trading volume is 3.27 million shares.

The consensus among analysts is that Oklo Inc. (OKLO) is Hold stock at the moment, with a recommendation rating of 2.25. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 1 out of 1 have rated it as a Hold, with 0 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is -0.07.

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Oklo Inc. (NYSE:OKLO) trade information

Sporting -6.73% in the red in last session, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the OKLO stock price touched $9.15 or saw a rise of 17.94%. Year-to-date, Oklo Inc. shares have moved -13.35%, while the 5-day performance has seen it change -18.23%. Over the past 30 days, the shares of Oklo Inc. (NYSE:OKLO) have changed 46.87%. Short interest in the company has seen 8.58 million shares shorted with days to cover at 2.72.

Wall Street analysts have a consensus price target for the stock at $10, which means that the shares’ value could jump 8.5% from current levels. The projected low price target is $10.0 while the price target rests at a high of $10.0. In that case, then, we find that the current price level is -9.29% off the targeted high while a plunge would see the stock gain -9.29% from current levels.

Oklo Inc. (OKLO) estimates and forecasts

The company’s shares have lost -28.29% over the past 6 months, compared to -6.30% for the industry.

OKLO Dividends

Oklo Inc. is expected to release its next earnings report in November this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.

Also the top two Mutual Funds that are holding company’s shares are Global X Fds-Global X Uranium ETF and Vanguard Extended Market Index Fund . As of Aug 31, 2024 , the former fund manager holds about 3.65% shares in the company for having 4.45 shares of worth $40.73 million while later fund manager owns 1.08 shares of worth $9.9 million as of Jun 30, 2024 , which makes it owner of about 0.89% of company’s outstanding stock.