Oklo Inc. (NYSE:OKLO - Get Free Report) shares gapped down before the market opened on Monday . The stock had previously closed at $18.53, but opened at $17.85. Oklo shares last traded at $18.03, with a volume of 2,556,123 shares traded.
Wall Street Analyst Weigh In
OKLO has been the subject of several research analyst reports. Citigroup decreased their price objective on Oklo from $11.00 to $10.00 and set a "neutral" rating for the company in a report on Tuesday, September 24th. Seaport Res Ptn upgraded shares of Oklo to a "hold" rating in a research note on Friday, September 6th. Finally, B. Riley started coverage on shares of Oklo in a research note on Thursday, September 19th. They set a "buy" rating and a $10.00 target price for the company.
View Our Latest Analysis on OKLO
Oklo Trading Down 0.3 %
The company has a 50 day moving average price of $19.74 and a 200 day moving average price of $12.16.
Hedge Funds Weigh In On Oklo
A number of large investors have recently bought and sold shares of OKLO. HITE Hedge Asset Management LLC acquired a new position in shares of Oklo during the third quarter worth about $19,753,000. Portland Investment Counsel Inc. acquired a new position in Oklo during the 3rd quarter worth approximately $6,493,000. Readystate Asset Management LP purchased a new position in shares of Oklo during the 3rd quarter worth approximately $6,193,000. Geode Capital Management LLC acquired a new stake in shares of Oklo in the 3rd quarter valued at approximately $5,971,000. Finally, State Street Corp purchased a new stake in shares of Oklo in the third quarter valued at approximately $2,889,000. Hedge funds and other institutional investors own 85.03% of the company's stock.
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.
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