Oklo Inc (NYSE:OKLO) shares traded 2.49% higher at $55.24 on Wall Street last session.
OKLO stock price is now 95.85% away from the 50-day moving average and 136.85% away from the 200-day moving average. The market capitalization of the company currently stands at $7.69B.
On April 23, 2025, H.C. Wainwright recently initiated its ‘Buy’ rating on the stock quoting a target price of $55, while ‘BTIG Research’ rates the stock as ‘Neutral’
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 $0.33 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 $601.78 million. A total of 27.36% 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 company reported revenue of $17.87 million for the quarter, compared to $7.37 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 142.52 percent.
