Oklo Inc. (NYSE:OKLO - Get Free Report)'s stock price fell 3.9% during trading on Monday . The company traded as low as $22.85 and last traded at $23.52. 5,254,835 shares changed hands during mid-day trading, an increase of 7% from the average session volume of 4,891,362 shares. The stock had previously closed at $24.47.
Wall Street Analysts Forecast Growth
OKLO has been the subject of several analyst reports. Seaport Res Ptn upgraded shares of Oklo to a "hold" rating in a research report on Friday, September 6th. B. Riley assumed coverage on Oklo in a report on Thursday, September 19th. They set a "buy" rating and a $10.00 target price for the company. Finally, Citigroup reduced their price target on Oklo from $11.00 to $10.00 and set a "neutral" rating on the stock in a research report on Tuesday, September 24th.
View Our Latest Stock Report on Oklo
Oklo Stock Performance
The business's 50-day simple moving average is $12.65.
Oklo (NYSE:OKLO - Get Free Report) last posted its earnings results on Tuesday, August 13th. The company reported ($5.17) earnings per share (EPS) for the quarter. 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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