A share price of Oklo Inc [OKLO] is currently trading at $41.82, up 7.84%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The OKLO shares have gain 72.60% over the last week, with a monthly amount glided 94.33%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Oklo Inc [NYSE: OKLO] stock has seen the most recent analyst activity on December 19, 2024, when Wedbush initiated its Outperform rating and assigned the stock a price target of $26. Previously, B. Riley Securities started tracking the stock with Buy rating on September 19, 2024, and set its price target to $10. On September 06, 2024, Seaport Research Partners initiated with a Neutral rating. Citigroup started tracking the stock assigning a Neutral rating and suggested a price target of $11 on June 04, 2024.
Oklo Inc experienced fluctuations in its stock price throughout the past year between $5.35 and $40.21. Currently, Wall Street analysts expect the stock to reach $10 within the next 12 months. Oklo Inc [NYSE: OKLO] shares were valued at $41.82 at the most recent close of the market. An investor can expect a potential drop of -76.09% based on the average OKLO price forecast.
Analyzing the OKLO fundamentals
To continue investigating profitability, this company’s Return on Assets is posted at -0.12, Equity is -0.13 and Total Capital is -0.11. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.01.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 39.20 points at the first support level, and at 36.58 for the second support level. However, for the 1st resistance point, the stock is sitting at 44.07, and for the 2nd resistance point, it is at 46.32.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Oklo Inc [NYSE:OKLO] is 48.45. Also, the Quick Ratio is 48.45, while the Cash Ratio stands at 18.94.
Transactions by insiders
Recent insider trading involved Kinzley Richard, Director, that happened on Dec 23 ’24 when 5000.0 shares were purchased. Co-Founder, CEO, DeWitte Jacob completed a deal on Dec 20 ’24 to sell 0.23 million shares. Meanwhile, Co-Founder, COO Cochran Caroline sold 0.23 million shares on Dec 20 ’24.
