Oklo Inc (NYSE: OKLO) is 138.64% higher on its value in year-to-date trading and has touched a low of $5.35 and a high of $28.12 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The OKLO stock was last observed hovering at around $25.23 in the last trading session, with the day’s loss setting it -0.03%.
Currently trading at $25.20, the stock is 10.48% and 57.71% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 15.27 million and changing -0.12% at the moment leaves the stock 121.89% off its SMA200. OKLO registered 143.60% gain for a year compared to 6-month gain of 148.28%. The firm has a 50-day simple moving average (SMA 50) of $15.9782 and a 200-day simple moving average (SMA200) of $11.35675.
The stock witnessed a 39.53% loss in the last 1 month and extending the period to 3 months gives it a 262.59%, and is 40.00% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 16.48% over the week and 16.06% over the month.
Distance from 52-week low is 371.03% and -10.38% from its 52-week high. The company has generated returns on investments over the last 12 months (-198.20%).
The EPS is expected to shrink by -1163.00% this year.
Oklo Inc (OKLO) Top Institutional Holders
The shares outstanding are 122.10M, and float is at 79.16M with Short Float at 19.13%.
The top institutional shareholder in the company is DATA COLLECTIVE IV GP, LLC with over 6.92 million shares valued at $58.62 million. The investor’s holdings represent 6.9193% of the OKLO Shares outstanding. As of 2024-06-30, the second largest holder is ENCOMPASS CAPITAL ADVISORS LLC with 5.72 million shares valued at $48.42 million to account for 5.715 of the shares outstanding. The other top investors are HITE HEDGE ASSET MANAGEMENT LLC which holds 3.92 million shares representing 3.9196% and valued at over $33.21 million, while TIGER GLOBAL MANAGEMENT LLC holds 3.0563 of the shares totaling 3.06 million with a market value of $25.89 million.
Oklo Inc (OKLO) Insider Activity
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