Oklo Inc. (NYSE:OKLO - Get Free Report)'s share price traded down 0.8% during trading on Tuesday . The stock traded as low as $20.37 and last traded at $20.88. 4,823,232 shares changed hands during mid-day trading, an increase of 4% from the average session volume of 4,643,675 shares. The stock had previously closed at $21.05.
Wall Street Analyst Weigh In
A number of research firms have recently commented on OKLO. Citigroup cut their target price 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 note on Thursday, September 19th. They set a "buy" rating and a $10.00 price objective for the company. Finally, Seaport Res Ptn raised shares of Oklo to a "hold" rating in a report on Friday, September 6th.
Get Our Latest Stock Analysis on OKLO
Oklo Price Performance
The firm has a 50 day simple moving average of $11.30.
Oklo (NYSE:OKLO - Get Free Report) last issued its earnings results on Tuesday, August 13th. The company reported ($5.17) earnings per share for the quarter. As a group, analysts forecast that Oklo Inc. will post -2.92 earnings per share for the current fiscal 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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