Oklo Inc (NYSE:OKLO) does about 15.65M shares in volume on a normal day but saw 23468050 shares change hands in the recent trading day. The company now has a market cap of 7.34B USD. Its current market price is $52.72, marking a decrease of -0.40% compared to the previous close of $52.93. The 52 week high reached by this stock is $59.14 whilst the lowest price level in 52 weeks is $5.35. The script in recent trading has seen the stock touch a high of $45 and a low of $45.
1 analysts observing the Oklo Inc (OKLO) stock have set the 12-month price targets for the company’s shares at between $45 and $45. The consensus objective for the share price is $51.76, suggesting that the stock has a potential downside of -1.85% over the period. The median price target is -17.16% away from the current levels at $45.
FactSet Research has provided data showing that 1 brokerages have issued ratings for the stock. 0 analysts have rated it as a sell, while 0 advise that it is a overweight. 0 analysts have rated it as a buy and 1 have advised that investors hold their positions. The consensus recommendation rating is Hold and Wall Street’s advice is for investors to Strong Buy the stock.
The current price level is 40.02%, 80.32%, and 121.71% away from its SMA20, SMA50, and SMA200 respectively, with the OKLO price moving below the 50-day SMA on current market day. Oklo Inc (OKLO) stock is up 32.73% over the week and 122.07% over the past month. Its price is 148.33% year-to-date and 388.60% over the past year.
The company’s next earnings report forecasts estimating quarterly EPS at -0.11 and -0.44 for whole year.
Its 12-month price target is $45. To reach the target analysts have set, the stock logically needs to shrink -1.85 percent from here. Of course, the average price target is just what the average analysts believe a stock will be worth in the next 52 weeks, and is only one metric. There are analysts with lower targets than the average, including one bearish Wall Street research firm advocating investors to wait for the price to pull back to $45, given the recent momentum. And then, on the bullish side of things, one analyst is expecting the stock to peak at $45.
Outstanding shares total 139.19M with insiders holding 23.34% of the shares and institutional holders owning 26.04% of the company’s common stock. The company has a return on investment of -202.39% and return on equity of -20.99%. The beta has a value of 0.60. Price to book ratio is 27.25.
