In Monday’s Wall Street session, Oklo Inc (NYSE:OKLO) shares traded at $21.93, up 10.76% from the previous session.
OKLO stock price is now -35.88% away from the 50-day moving average and 11.83% away from the 200-day moving average. The market capitalization of the company currently stands at $3.05B.
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With the price target of $44, Craig Hallum recently initiated with Buy rating for Oklo Inc (NYSE: OKLO). On December 19, 2024, Wedbush recently initiated its ‘Outperform’ rating on the stock quoting a target price of $26, while ‘B. Riley Securities’ rates the stock as ‘Buy’
In other news, Jansen John M, Director bought 6,000 shares of the company’s stock on Mar 27 ’25. The stock was bought for $147,412 at an average price of $24.57. Upon completion of the transaction, the Director now directly owns 6,000 shares in the company, valued at $0.13 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Mar 28 ’25, Co-Founder, CEO DeWitte Jacob sold 139,635 shares of the business’s stock. A total of $3,195,018 was realized by selling the stock at an average price of $22.88. This leaves the insider owning 10,893,926 shares of the company worth $238.9 million. A total of 31.73% of the company’s stock is owned by insiders.
During the past 12 months, Oklo Inc has had a low of $5.35 and a high of $59.14. As of last week, the company has a debt-to-equity ratio of 0.01, a current ratio of 43.47, and a quick ratio of 43.47. The fifty day moving average price for OKLO is $34.2018 and a two-hundred day moving average price translates $19.61 for the stock.
The latest earnings results from Oklo Inc (NYSE: OKLO) was released for 2024-12-31. The company reported revenue of $21.73 million for the quarter, compared to $9.46 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 129.68 percent.
