In the last trading session, 10.73 million shares of the Oklo Inc (NYSE:OKLO) were traded, and its beta was -0.55. Most recently the company’s share price was $18.42, and it changed around -$1.67 or -8.31% from the last close, which brings the market valuation of the company to $2.25B. OKLO currently trades at a discount to its 52-week high of $28.12, offering almost -52.66% off that amount. The share price’s 52-week low was $5.35, which indicates that the current value has risen by an impressive 70.96% since then. We note from Oklo Inc’s average daily trading volume that its 10-day average is 10.2 million shares, with the 3-month average coming to 15.60 million.
Oklo Inc stock received a consensus recommendation rating of Buy, based on a mean score of 2.25. If we narrow it down even further, the data shows that 0 out of 4 analysts rate the stock as a Sell; another 0 rate it as Overweight. Among the rest, 2 recommended OKLO as a Hold, whereas 2 deemed it a Buy, and 0 rated it as Underweight. Oklo Inc is expected to report earnings per share of -0.07 for the current quarter.
Oklo Inc (NYSE:OKLO) trade information
Instantly OKLO has showed a red trend with a performance of -8.31% at the end of last trading. The performance over the last five days has remained in the red territory. The rise to weekly highs of 22.65 on recent trading dayincreased the stock’s daily price by 18.68%. The company’s shares are currently up 74.43% year-to-date, but still down -8.49% over the last five days. On the other hand, Oklo Inc (NYSE:OKLO) is -24.72% down in the 30-day period. We can see from the shorts that 15.14 million shares have been sold at a short interest cover period of 0.69 day(s).
The consensus price target as assigned by Wall Street analysts is $10, which translates to bulls needing to decrease their stock price by -84.2% from its current value. Analyst projections state that OKLO is forecast to be at a low of $10 and a high of $10.
OKLO Dividends
Oklo Inc’s next quarterly earnings report is expected to be released in January.
ENCOMPASS CAPITAL ADVISORS LLC, with 5.715% or 5.72 million shares worth $48.42 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
