Oklo (NYSE:OKLO) Sees Unusually-High Trading Volume - Here's Why

Oklo Inc. (NYSE:OKLO - Get Free Report) shares saw unusually-high trading volume on Wednesday . Approximately 14,465,749 shares were traded during mid-day trading, an increase of 446% from the previous session's volume of 2,648,583 shares.The stock last traded at $14.36 and had previously closed at $11.65.

Get Oklo alerts:

Analysts Set New Price Targets

OKLO has been the topic of a number of recent analyst reports. Citigroup cut their price objective on Oklo from $11.00 to $10.00 and set a "neutral" rating on the stock in a research note on Tuesday, September 24th. B. Riley began coverage on shares of Oklo in a research report on Thursday, September 19th. They issued a "buy" rating and a $10.00 price target on the stock. Finally, Seaport Res Ptn raised shares of Oklo to a "hold" rating in a research note on Friday, September 6th.

Check Out Our Latest Stock Report on OKLO

Oklo Price Performance

The firm has a fifty day simple moving average of $7.60.

Oklo (NYSE:OKLO - Get Free Report) last released its quarterly earnings data on Tuesday, August 13th. The company reported ($5.17) earnings per share for the quarter. On average, equities analysts expect that Oklo Inc. will post -2.92 EPS for the current year.

About Oklo

(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.

→ Watch this before it gets removed (From Porter & Company) (Ad)

Should you invest $1,000 in Oklo right now?

Before you consider Oklo, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Oklo wasn't on the list.

While Oklo currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here