Craig Hallum has recently initiated Oklo Inc (OKLO) stock to Buy rating, as announced on January 28, 2025, according to Finviz. Earlier, on December 19, 2024, Wedbush had initiated the stock to Outperform, setting a price target of $26. B. Riley Securities also initiated Buy rating with a price target of $10. Additionally, Seaport Research Partners initiated Neutral rating on September 6, 2024. Analyst ratings are significant because they provide insights into stock performance expectations, influencing investor decisions and market sentiment.
Oklo Inc (OKLO) Stock Trading Recap
On Monday, Oklo Inc (OKLO) stock saw a decline, ending the day at $53.73 which represents a decrease of $-1.76 or -3.17% from the prior close of $55.49. The stock opened at $55.05 and touched a low of $53.31 during the day, reaching a high of $56.8. The volume of shares traded was 17.03 million falling short of the average volume of 18.65 million.
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OKLO Stock Performance and Moving Averages
In recent trading, Oklo Inc (OKLO) stock price has shown some volatility, fluctuating 16.98% over the last five trades and 105.70% over the past 30 trades. This represents a notable shift from earlier in the year. Over the last six months, the stock has risen by 638.05%, and it has gained 147.38% in the previous three months. Currently, OKLO is trading at 43.18%, 90.11%, and 244.43% relative to its 20-Day, 50-Day, and 200-Day Simple Moving Averages, respectively.
As of the latest trading close, OKLO, a Utilities sector stock, is trading -9.15% below its 52-week high but remains 904.30% above its 52-week low. The Average True Range (ATR) (14 days) of 5.36 highlights the stock’s average volatility, providing insight into how much the price typically fluctuates. This measure is crucial for understanding potential price swings and assessing overall market risk.
Oklo Inc’s Profitability and Valuation Ratios
Oklo Inc’s profitability metrics reveal financial health. The company currently boasts a gross margin of 638.05%. The profit margin, also known as the revenue ratio or gross profit ratio, measures how efficiently a company converts sales into net income; higher margins indicate greater profitability.
In terms of valuation, Oklo Inc’s market capitalization stands at $6.56 billion. Market cap represents the total value of all outstanding shares and is a key indicator of a company’s market value. Additionally, the Price-to-Book Ratio is 24.92, comparing the market value to the company’s book value.
Understanding Insider Trading
Investors often prefer to invest in shares held by company insiders, as management is typically more aligned with the company’s success and shareholder interests. Currently, insiders own just 49.39% of Oklo Inc (OKLO)’s shares, while financial institutions hold 35.28%.
Notable insider trades include DeWitte Jacob, Co-Founder, CEO at Oklo Inc (OKLO), who sold 230569 shares on Dec 20 ’24, at $21.61 each, totaling $4.98 million. On Dec 20 ’24, Cochran Caroline, Co-Founder, COO, sold 230569 shares for $21.61 each, amounting to $4.98 million.
