Oklo Inc. (NYSE: OKLO): Think Like A Lender, Not An Investor

Oklo Inc. (NYSE:OKLO) currently has a daily average trading volume of 1.69M but it saw 5027347 shares traded in last market. With a market cap of 442.64M USD, the company’s current market price of $10.27 came falling about -8.06 while comparing to the previous closing price of $11.17. In past 52 weeks, the stock remained buoying in the range of price level as high as $18.80 and as low as $7.77.

Taking a look at 20-day trading activity of Oklo Inc. (OKLO) gives us an average price of $13.10, while its current price level is -45.37% below from 52-week high level whereas it is 32.18% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $12.36 while that of 200 days or SMA-200 reads an average of $10.94. A closer look into the stock’s movement over the week reveals that its volatility is standing at 37.89% during that period while stretching the period over a month that decreases to 15.90%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 43.08 which implies that the stock is in neutral territory.

Over the week, OKLO’s stock price is moving -32.30% down while it is -19.26% when we observe its performance for the past one month. Year-to-date it is -2.75% down and over the past year, the stock is showing a downside performance of -1.68%.

Currently, Oklo Inc.’s total number of outstanding shares is 30.60M. Company’s return on investment (ROI) stands at 3.48% and return on equity (ROE) at 2.61%. It has a price to earnings ratio (P/E ratio) of 54.92. Stock’s beta reads -0.14. Stock has a price to book (P/B) ratio of 1.49. Its return on asset (ROA) is 2.50% on average.