Ideas And Forecasts On Oklo Inc. (NYSE: OKLO)

Oklo Inc. (NYSE:OKLO) currently has a daily average trading volume of 2.93M but it saw 1490171 shares traded in last market. With a market cap of 760.68M USD, the company’s current market price of $6.23 came rising about 2.13 while comparing to the previous closing price of $6.10. In past 52 weeks, the stock remained buoying in the range of price level as high as $18.80 and as low as $5.35. In the recent trading on the day, stock has struck highest price mark of $5.925 while lowest mark touched by it was $6.34.

Taking a look at 20-day trading activity of Oklo Inc. (OKLO) gives us an average price of $6.48, while its current price level is -66.86% below from 52-week high level whereas it is 16.45% 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 $7.51 while that of 200 days or SMA-200 reads an average of $10.04. A closer look into the stock’s movement over the week reveals that its volatility is standing at 8.15% during that period while stretching the period over a month that decreases to 7.05%. 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 42.31 which implies that the stock is in neutral territory.

Over the week, OKLO’s stock price is moving 7.04% up while it is -16.04% when we observe its performance for the past one month. Year-to-date it is -41.00% down and over the past year, the stock is showing a downside performance of -39.98%.

Currently, Oklo Inc.’s total number of outstanding shares is 122.10M. 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 33.32. Stock’s beta reads -0.29. Stock has a price to book (P/B) ratio of 0.91. Its return on asset (ROA) is 2.50% on average.