In the last trading session, 16.84 million Oklo Inc (NYSE:OKLO) shares changed hands as the company’s beta touched -0.52. With the company’s per share price at $22.02 changed hands at $0.5 or 2.32% during last session, the market valuation stood at $2.76B. OKLO’s last price was a discount, traded about -27.7% off its 52-week high of $28.12. The share price had its 52-week low at $5.35, which suggests the last value was 75.7% up since then. When we look at Oklo Inc’s average trading volume, we note the 10-day average is 16.0 million shares, with the 3-month average coming to 17.51 million.
Analysts gave the Oklo Inc (OKLO) stock a consensus recommendation rating of Hold, calculated at a mean rating of 2.00. If we narrow down to specifics, the data shows that 0 out of 1 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 1 recommended OKLO as a Hold, 0 felt it is a Buy and 0 rated the stock as Underweight. Oklo Inc’s EPS for the current quarter is expected to be -0.07.
Oklo Inc (NYSE:OKLO) trade information
Instantly OKLO was in green as seen at the end of in last trading. With action 19.16%, the performance over the past five days has been green. The company’s shares are showing year-to-date upside of 108.52%, with the 5-day performance at 19.16% in the green. However, in the 30-day time frame, Oklo Inc (NYSE:OKLO) is -12.72% down. Looking at the short shares, we see there were 15.14 million shares sold at short interest cover period of 0.69 days.
The consensus price target for the stock as assigned by Wall Street analysts is 10, meaning bulls need a downside of -120.2% from its current market value. According to analyst projections, OKLO’s forecast low is 10 with 10 as the target high. To hit the forecast high, the stock’s price needs a 54.59% surge from its current level, while the stock would need to tank 54.59% for it to hit the projected low.
The 2024 estimates are for Oklo Inc earnings to decrease by -1208.00%.
OKLO Dividends
Oklo Inc is expected to release its next quarterly earnings report in January.
ENCOMPASS CAPITAL ADVISORS LLC holds the second largest percentage of outstanding shares, with 5.715% or 5.72 million shares worth $48.42 million as of 2024-06-30.
