The stock price of Oklo Inc (NYSE: OKLO) has plunged by -9.09 when compared to previous closing price of 25.20, but the company has seen a 10.84% gain in its stock price over the last five trading sessions. accesswire.com reported 2024-11-25 that NEW YORK CITY, NY / ACCESSWIRE / November 25, 2024 / Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Oklo Inc. (“Oklo” or “the Company”) (NYSE:OKLO). Investors who purchased Oklo securities are encouraged to obtain additional information and assist the investigation by visiting the firm’s site: bgandg.com/OKLO.
Is It Worth Investing in Oklo Inc (NYSE: OKLO) Right Now?
The 36-month beta value for OKLO is also noteworthy at -0.54. There are mixed opinions on the stock, with 2 analysts rating it as a “buy,” 0 rating it as “overweight,” 2 rating it as “hold,” and 0 rating it as “sell.”
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The public float for OKLO is 72.27M, and at present, short sellers hold a 20.95% of that float. The average trading volume of OKLO on November 26, 2024 was 14.07M shares.
OKLO’s Market Performance
OKLO stock saw an increase of 10.84% in the past week, with a monthly gain of 19.88% and a quarterly increase of 231.55%. The volatility ratio for the week is 15.51%, and the volatility levels for the last 30 days are 16.42% for Oklo Inc (OKLO). The simple moving average for the last 20 days is 0.79% for OKLO stock, with a simple moving average of 100.64% for the last 200 days.
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 40.45% 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 -18.53% of loss for the given period.
Volatility was left at 16.42%, however, over the last 30 days, the volatility rate increased by 15.51%, as shares sank -6.49% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +268.92% upper at present.
During the last 5 trading sessions, OKLO rose by +10.84%, which changed the moving average for the period of 200-days by +115.93% in comparison to the 20-day moving average, which settled at $22.73. In addition, Oklo Inc saw 116.95% 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 -0.11. Equity return is now at value -9.22, with -8.65 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 -48.92.
Currently, EBITDA for the company is -18.56 million with net debt to EBITDA at 3.51. The liquidity ratio also appears to be rather interesting for investors as it stands at 48.45.
Conclusion
In summary, Oklo Inc (OKLO) has had a better performance as of late. Analysts have mixed opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
