The trading price of Oklo Inc. (NYSE:OKLO) closed higher on Tuesday, August 06, closing at $7.88, 3.14% higher than its previous close.
The company’s P/E ratio in the trailing 12-month period was 42.14. In examining the 52-week price action we see that the stock hit a 52-week high of $18.80 and a 52-week low of $7.00. Over the past month, the stock has gained 6.20% in value.
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Oklo Inc., whose market valuation is $962.15 million at the time of this writing. Investors’ optimism about the company’s current quarter earnings report is understandable. Analysts have predicted the quarterly earnings per share to grow by -0.06 per share this quarter, however they have predicted annual earnings per share of -0.3 for current year and -0.41 for next year.
On the technical side, indicators suggest OKLO has a 100% Sell on average for the short term. According to the data of the stock’s medium term indicators, the stock is currently averaging as a 100% Sell, while an average of long term indicators suggests that the stock is currently 100% Sell.
A quick review shows that OKLO’s price is currently -7.60% off the SMA20 and -11.37% off the SMA50. The RSI metric on the 14-day chart is currently showing 42.67, and weekly volatility stands at 8.57%. When measured over the past 30 days, the indicator reaches 8.92%. Oklo Inc. (NYSE:OKLO)’s beta value is currently sitting at -0.11, while the Average True Range indicator is currently displaying 0.79.
To see how Oklo Inc. stock has been performing in comparison to its peers in the industry, here are the numbers: OKLO stock’s performance was 3.14% in the latest trading, and -23.79% in the past year. Oklo Inc. has a P/E ratio of 42.14.
An evaluation of the daily trading volume of Oklo Inc. (NYSE:OKLO) indicates that the 3-month average is 4.41 million.
Currently, records show that 122.10 million of the company’s shares remain outstanding. The insiders hold 43.20% of outstanding shares, whereas institutions hold 24.14%. However, since the stock’s price has seen -25.38% year-to-date, investors’ interest is likely to be reignited due to its potential to move even lower.
