Oklo Inc. (NYSE:OKLO - Get Free Report) shares dropped 6.9% during mid-day trading on Tuesday . The stock traded as low as $22.35 and last traded at $22.41. Approximately 7,579,604 shares were traded during trading, an increase of 54% from the average daily volume of 4,929,388 shares. The stock had previously closed at $24.06.
Analyst Upgrades and Downgrades
Several analysts recently commented on the company. B. Riley began coverage on Oklo in a report on Thursday, September 19th. They set a "buy" rating and a $10.00 target price on the stock. Seaport Res Ptn upgraded Oklo to a "hold" rating in a research report on Friday, September 6th. Finally, Citigroup decreased their price target on shares of Oklo from $11.00 to $10.00 and set a "neutral" rating for the company in a research report on Tuesday, September 24th.
View Our Latest Research Report on OKLO
Oklo Trading Down 6.1 %
The company's 50 day simple moving average is $13.01.
Oklo (NYSE:OKLO - Get Free Report) last issued its quarterly earnings data 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 fiscal 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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