Oklo Inc (NYSE:OKLO) shares, rose in value on Wednesday, April 16, with the stock price down by -6.26% to the previous day’s close as strong demand from buyers drove the stock to $21.56.
Actively observing the price movement in the last trading, the stock closed the session at $23.00, falling within a range of $21.3 and $22.53. The value of beta (5-year monthly) was 0.002. Referring to stock’s 52-week performance, its high was $59.14, and the low was $5.35. On the whole, OKLO has fluctuated by -17.14% over the past month.
With the market capitalization of Oklo Inc currently standing at about $3.00 billion, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Mar-23.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that OKLO’s technical picture suggests that short-term indicators denote the stock is a 50% Sell on average. However, medium-term indicators have put the stock in the category of 50% Buy while long-term indicators on average have been pointing out that it is a Hold.
The stock’s technical analysis shows that the price of OKLO currently trading nearly -9.12% and -32.20% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 41.66, while the 7-day volatility ratio is showing 7.48% which for the 30-day chart, stands at 11.91%. Furthermore, Oklo Inc (OKLO)’s beta value is -0.00, and its average true range (ATR) is 2.99.
A comparison of Oklo Inc (OKLO) with its peers suggests the former has fared considerably weaker in the market. OKLO showed an intraday change of -6.26% in last session, and over the past year, it grew by 72.48%%.
Data on historical trading for Oklo Inc (NYSE:OKLO) indicates that the trading volumes over the past 10 days have averaged 12.37 and over the past 3 months, they’ve averaged 17.20 million. According to company’s latest data on outstanding shares, there are 137.71 million shares outstanding.
Nearly 31.64% of Oklo Inc’s shares belong to company insiders and institutional investors own 27.02% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 13.35 million shares as on 2025-03-31, resulting in a short ratio of 1.03. The stock has risen by 1.55% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the OKLO stock heading into the next quarter.
