Oklo Inc. (NYSE:OKLO - Get Free Report)'s stock price dropped 7.8% on Monday . The stock traded as low as $18.56 and last traded at $19.99. Approximately 7,570,615 shares changed hands during mid-day trading, an increase of 64% from the average daily volume of 4,609,223 shares. The stock had previously closed at $21.67.
Analyst Ratings Changes
A number of analysts have recently commented on the company. Seaport Res Ptn upgraded shares of Oklo to a "hold" rating in a research report on Friday, September 6th. B. Riley started coverage on Oklo in a report on Thursday, September 19th. They issued a "buy" rating and a $10.00 price target for the company. Finally, Citigroup dropped 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.
View Our Latest Stock Report on Oklo
Oklo Stock Down 2.9 %
The stock's 50 day moving average is $11.30.
Oklo (NYSE:OKLO - Get Free Report) last announced its earnings results on Tuesday, August 13th. The company reported ($5.17) EPS for the quarter. As a group, equities analysts forecast that Oklo Inc. will post -2.92 earnings per share for the current year.
Oklo Company Profile
(
Get Free Report)
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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