Shares of Oklo Inc. (NYSE:OKLO – Get Free Report) saw unusually-strong trading volume on Tuesday . Approximately 3,974,671 shares were traded during trading, a decline of 6% from the previous session’s volume of 4,243,229 shares.The stock last traded at $22.97 and had previously closed at $24.50.
Analysts Set New Price Targets
Several research analysts have commented on the company. B. Riley started coverage on Oklo in a research note on Thursday, September 19th. They issued a “buy” rating and a $10.00 target price for the company. Seaport Res Ptn raised shares of Oklo to a “hold” rating in a research note on Friday, September 6th. Finally, Citigroup decreased their target price on shares of Oklo from $11.00 to $10.00 and set a “neutral” rating on the stock in a report on Tuesday, September 24th.
Read Our Latest Report on OKLO
Oklo Price Performance
Oklo (NYSE:OKLO – Get Free Report) last announced its earnings results on Tuesday, August 13th. The company reported ($5.17) earnings per share for the quarter. As a group, analysts predict that Oklo Inc. will post -2.92 earnings per share for the current year.
About Oklo
Oklo Inc designs and develops fission power plants to provide reliable and commercial-scale energy to customers in the United States. It also provides used nuclear fuel recycling services. The company was founded in 2013 and is based in Santa Clara, California.
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