Oklo Inc’s (OKLO) Stock: A Long-Term Performance Analysis

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The stock of Oklo Inc (OKLO) has seen a -26.44% decrease in the past week, with a 14.43% gain in the past month, and a 147.59% flourish in the past quarter. The volatility ratio for the week is 14.53%, and the volatility levels for the past 30 days are at 17.70% for OKLO. The simple moving average for the last 20 days is -18.36% for OKLO stock, with a simple moving average of 62.85% for the last 200 days.

Is It Worth Investing in Oklo Inc (NYSE: OKLO) Right Now?

Company’s 36-month beta value is -0.56.Analysts have differing opinions on the stock, with 2 analysts rating it as a “buy,” 0 as “overweight,” 2 as “hold,” and 0 as “sell.”

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The public float for OKLO is 69.46M, and currently, short sellers hold a 21.80% ratio of that floaft. The average trading volume of OKLO on November 18, 2024 was 12.04M shares.

OKLO) stock’s latest price update

Oklo Inc (NYSE: OKLO) has seen a decline in its stock price by -24.62 in relation to its previous close of 23.88. However, the company has experienced a -26.44% decline in its stock price over the last five trading sessions. cnbc.com reported 2024-11-16 that President-elect Donald Trump picked Liberty Energy CEO Chris Wright to lead the Department of Energy. Liberty Energy is an oilfield services company headquartered in Denver, Colorado.

Analysts’ Opinion of OKLO

Many brokerage firms have already submitted their reports for OKLO stocks, with B. Riley Securities repeating the rating for OKLO by listing it as a “Buy.” The predicted price for OKLO in the upcoming period, according to B. Riley Securities is $10 based on the research report published on September 19, 2024 of the current year 2024.

Citigroup gave a rating of “Neutral” to OKLO, setting the target price at $11 in the report published on June 04th of the current year.

OKLO Trading at 25.80% from the 50-Day Moving Average

After a stumble in the market that brought OKLO to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -35.99% of loss for the given period.

Volatility was left at 17.70%, however, over the last 30 days, the volatility rate increased by 14.53%, as shares sank -1.26% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +222.00% upper at present.

During the last 5 trading sessions, OKLO fell by -26.44%, which changed the moving average for the period of 200-days by +61.43% in comparison to the 20-day moving average, which settled at $22.05. In addition, Oklo Inc saw 70.45% in overturn over a single year, with a tendency to cut further gains.

Stock Fundamentals for OKLO

The total capital return value is set at -0.07. Equity return is now at value -5.95, with -5.59 for asset returns.

Based on Oklo Inc (OKLO), the company’s capital structure generated 0.0 points at debt to capital in total, while cash flow to debt ratio is standing at -43.65.

Currently, EBITDA for the company is -18.56 million with net debt to EBITDA at 6.76. The liquidity ratio also appears to be rather interesting for investors as it stands at 49.03.

Conclusion

In a nutshell, Oklo Inc (OKLO) has experienced a better performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.

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