Oklo (NYSE:OKLO) Sees Large Volume Increase - Time to Buy?

Oklo Inc. (NYSE:OKLO - Get Free Report) shares saw an uptick in trading volume on Tuesday . 11,438,069 shares were traded during mid-day trading, an increase of 224% from the previous session's volume of 3,532,181 shares.The stock last traded at $19.83 and had previously closed at $22.31.

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Analyst Ratings Changes

Several analysts have commented on OKLO shares. 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. B. Riley assumed coverage on shares of Oklo in a report on Thursday, September 19th. They set a "buy" rating and a $10.00 price objective on the stock. Finally, Seaport Res Ptn raised shares of Oklo to a "hold" rating in a research note on Friday, September 6th.

View Our Latest Research Report on Oklo

Oklo Price Performance

The stock's 50-day moving average is $8.73.

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

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