Oklo Inc (NYSE:OKLO) has a beta value of -0.50 and has seen 12.82 million shares traded in the recent trading session. The company, currently valued at $4.65B, closed the recent trade at $30.56 per share which meant it gained $3.31 on the day or 12.15% during that session. The OKLO stock price is 7.98% off its 52-week high price of $28.12 and 82.49% 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 16.29 million shares traded. The 3-month trading volume is 18.86 million shares.
The consensus among analysts is that Oklo Inc (OKLO) is Hold stock at the moment, with a recommendation rating of 2.00. 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.
Oklo Inc (NYSE:OKLO) trade information
Sporting 12.15% in the green today, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the OKLO stock price touched $30.56 or saw a fall of -2.79%. Year-to-date, Oklo Inc shares have moved 43.95%, while the 5-day performance has seen it change 34.15%. Over the past 30 days, the shares of Oklo Inc (NYSE:OKLO) have changed 50.25%. Short interest in the company has seen 15.14 million shares shorted with days to cover at 0.69.
Wall Street analysts have a consensus price target for the stock at $10, which means that the shares’ value could drop -205.6% from the levels at last check today. 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 latest price level in today’s session is 67.28% off the targeted high while a plunge would see the stock lose 67.28% from the levels at last check today.
OKLO Dividends
Oklo Inc is expected to release its next earnings report in February this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
Oklo Inc (NYSE:OKLO)’s Major holders
Insiders own 33.87% of the company shares, while shares held by institutions stand at 44.06% with a share float percentage of 66.62%. Investors are also buoyed by the number of investors in a company, with Oklo Inc having a total of 134.0 institutions that hold shares in the company. The top two institutional holders are DATA COLLECTIVE IV GP, LLC with over 6.92 million shares worth more than $58.62 million. As of 2024-06-30, DATA COLLECTIVE IV GP, LLC held 6.9193% of shares outstanding.
The other major institutional holder is ENCOMPASS CAPITAL ADVISORS LLC, with the holding of over 5.72 million shares as of 2024-06-30. The firm’s total holdings are worth over $48.42 million and represent 5.715% of shares outstanding.
