Oklo Inc. (NYSE:OKLO - Get Free Report) shares were up 10.6% during trading on Monday . The stock traded as high as $21.69 and last traded at $20.17. Approximately 24,370,760 shares traded hands during mid-day trading, an increase of 630% from the average daily volume of 3,338,216 shares. The stock had previously closed at $18.23.
Wall Street Analyst Weigh In
A number of brokerages have commented on OKLO. Seaport Res Ptn raised Oklo to a "hold" rating in a report on Friday, September 6th. B. Riley initiated coverage on Oklo in a report on Thursday, September 19th. They issued a "buy" rating and a $10.00 price objective on the stock. Finally, Citigroup lowered their target price on shares of Oklo from $11.00 to $10.00 and set a "neutral" rating on the stock in a research note on Tuesday, September 24th.
View Our Latest Stock Report on OKLO
Oklo Stock Up 22.4 %
The firm's 50 day simple moving average is $8.46.
Oklo (NYSE:OKLO - Get Free Report) last released its earnings results on Tuesday, August 13th. The company reported ($5.17) earnings per share (EPS) for the quarter. Research analysts predict that Oklo Inc. will post -2.92 EPS for the current fiscal year.
About Oklo
(
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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.
See Also
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