Currently, there are 162.40M common shares owned by the public and among those 160.27M shares have been available to trade.
The company’s stock has a 5-day price change of 6.81% and 8.57% over the past three months. OKTA shares are trading -9.74% year to date (YTD), with the 12-month market performance up to 10.97% higher. It has a 12-month low price of $70.56 and touched a high of $114.50 over the same period. OKTA has an average intraday trading volume of 2.16 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 6.58%, 8.75%, and -8.09% respectively.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Institutional ownership of Okta Inc (NASDAQ: OKTA) shares accounts for 81.38% of the company’s 162.40M shares outstanding.
It has a market capitalization of $13.88B and a beta (3y monthly) value of 1.01. The earnings-per-share (ttm) stands at -$0.83. Price movements for the stock have been influenced by the stock’s volatility, which stands at 2.72% over the week and 2.98% over the month.
Earnings per share for the fiscal year are expected to increase by 63.00%, and 9.43% over the next financial year. EPS should grow at an annualized rate of 25.00% over the next five years, compared to -13.20% over the past 5-year period.
Looking at the support for the OKTA, a number of firms have released research notes about the stock. Morgan Stanley stated their Overweight rating for the stock in a research note on December 02, 2024, with the firm’s price target at $97. Barclays coverage for the Okta Inc (OKTA) stock in a research note released on November 19, 2024 offered a Equal Weight rating with a price target of $81. Deutsche Bank was of a view on November 12, 2024 that the stock is Hold, while Needham gave the stock Buy rating on October 17, 2024, issuing a price target of $100. BMO Capital Markets on their part issued Market Perform rating on August 29, 2024.
