In today’s recent session, 3.47 million shares of the Oklo Inc (NYSE:OKLO) have been traded, and its beta is -0.54. Most recently the company’s share price was $22.60, and it changed around -$0.18 or -0.79% from the last close, which brings the market valuation of the company to $2.61B. OKLO at last check was trading at a discount to its 52-week high of $28.12, offering almost -24.42% off that amount. The share price’s 52-week low was $5.35, which indicates that the recent value has risen by an impressive 76.33% since then. We note from Oklo Inc’s average daily trading volume that its 10-day average is 17.52 million shares, with the 3-month average coming to 18.22 million.
Oklo Inc stock received a consensus recommendation rating of Buy, based on a mean score of 2.00. If we narrow it down even further, the data shows that 0 out of 5 analysts rate the stock as a Sell; another 0 rate it as Overweight. Among the rest, 2 recommended OKLO as a Hold, whereas 3 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 been showing red trend so far today with a performance of -0.79% on intraday trading today. The performance over the last five days has remained in the green territory. The rise to weekly highs of 24.99 on recent trading dayincreased the stock’s daily price by 9.56%. The company’s shares are currently up 114.02% year-to-date, but still up 5.02% over the last five days. On the other hand, Oklo Inc (NYSE:OKLO) is 2.96% up 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 -126.0% 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.
Oklo Inc (NYSE:OKLO)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 33.87% of Oklo Inc shares, and 44.06% of them are in the hands of institutional investors. The stock currently has a share float of 66.62%. Oklo Inc stock is held by 134.0 institutions, with DATA COLLECTIVE IV GP, LLC being the largest institutional investor. By 2024-06-30, it held 6.9193% of the shares, which is about 6.92 million shares worth $58.62 million.
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.
