Let’s look at the key reasons that are pushing Oklo Inc (OKLO) to new highs

On Friday, Oklo Inc (NYSE: OKLO) opened lower -5.24% from the last session, before settling in for the closing price of $24.04. Price fluctuations for OKLO have ranged from $5.35 to $28.12 over the past 52 weeks.

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Company’s average yearly earnings per share was noted -1208.00% at the time writing. With a float of $61.93 million, this company’s outstanding shares have now reached $122.10 million.

In terms of profitability, gross margin is 0.0%, operating margin of 0.0%, and the pretax margin is 0.0%.

Oklo Inc (OKLO) Breakdown of a Key Holders of the stock

A key investor’s attitude towards the stock of the Utilities – Regulated Electric industry is another important factor to consider. The insider ownership of Oklo Inc is 40.81%, while institutional ownership is 33.86%. The most recent insider transaction that took place on Dec 23 ’24, was worth 99,750. In this transaction Director of this company bought 5,000 shares at a rate of $19.95, taking the stock ownership to the 5,000 shares. Before that another transaction happened on Dec 20 ’24, when Company’s Co-Founder, CEO sold 230,569 for $21.61, making the entire transaction worth $4,983,531. This insider now owns 12,543,085 shares in total.

Oklo Inc (OKLO) Recent Fiscal highlights

Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.08 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around -1208.00% per share during the next fiscal year.

Oklo Inc (NYSE: OKLO) Trading Performance Indicators

Check out the current performance indicators for Oklo Inc (OKLO). In the past quarter, the stock posted a quick ratio of 48.45.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -5.16, a number that is poised to hit -0.07 in the next quarter and is forecasted to reach -0.38 in one year’s time.

Technical Analysis of Oklo Inc (OKLO)

Looking closely at Oklo Inc (NYSE: OKLO), its last 5-days average volume was 14.07 million, which is a jump from its year-to-date volume of 6.3 million. As of the previous 9 days, the stock’s Stochastic %D was 84.69%. Additionally, its Average True Range was 2.58.

During the past 100 days, Oklo Inc’s (OKLO) raw stochastic average was set at 76.55%, which indicates a significant increase from 71.85% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 93.39% in the past 14 days, which was lower than the 138.25% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $21.39, while its 200-day Moving Average is $12.53. However, in the short run, Oklo Inc’s stock first resistance to watch stands at $24.31. Second resistance stands at $25.85. The third major resistance level sits at $27.16. If the price goes on to break the first support level at $21.46, it is likely to go to the next support level at $20.15. Now, if the price goes above the second support level, the third support stands at $18.61.

Oklo Inc (NYSE: OKLO) Key Stats

There are currently 122,096K shares outstanding in the company with a market cap of 2.64 billion. Presently, the company’s annual sales total 0 K according to its annual income of 11,870 K. Last quarter, the company’s sales amounted to 0 K and its income totaled -9,960 K.