Oklo Inc. (NYSE:OKLO - Get Free Report)'s stock price shot up 2.5% during trading on Friday . The stock traded as high as $27.75 and last traded at $27.22. 8,648,267 shares changed hands during trading, an increase of 79% from the average session volume of 4,836,233 shares. The stock had previously closed at $26.56.
Wall Street Analyst Weigh In
Several brokerages recently commented on OKLO. Citigroup reduced their price objective on shares of Oklo from $11.00 to $10.00 and set a "neutral" rating for the company in a research note on Tuesday, September 24th. Seaport Res Ptn raised shares of Oklo to a "hold" rating in a research note on Friday, September 6th. Finally, B. Riley began coverage on shares of Oklo in a research note on Thursday, September 19th. They set a "buy" rating and a $10.00 price objective for the company.
Check Out Our Latest Research Report on Oklo
Oklo Stock Performance
The stock has a 50 day moving average of $12.28.
Oklo (NYSE:OKLO - Get Free Report) last released its quarterly earnings results on Tuesday, August 13th. The company reported ($5.17) EPS for the quarter. Analysts anticipate that Oklo Inc. will post -2.92 earnings per share 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.
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