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Oklo (NYSE:OKLO) Trading Up 1.8% - Time to Buy?

Oklo logo with Oils/Energy background

Oklo Inc. (NYSE:OKLO - Get Free Report) shares shot up 1.8% on Wednesday . The stock traded as high as $21.57 and last traded at $20.96. 5,639,571 shares were traded during trading, an increase of 21% from the average session volume of 4,676,102 shares. The stock had previously closed at $20.58.

Analysts Set New Price Targets

OKLO has been the topic of a number of research reports. Seaport Res Ptn raised shares of Oklo to a "hold" rating in a research report on Friday, September 6th. B. Riley began coverage on shares of Oklo in a research report on Thursday, September 19th. They set a "buy" rating and a $10.00 price target on the stock. Finally, 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.

Check Out Our Latest Research Report on OKLO

Oklo Stock Performance

The company's 50 day simple moving average is $11.57.

Oklo (NYSE:OKLO - Get Free Report) last announced its quarterly earnings data on Tuesday, August 13th. The company reported ($5.17) EPS for the quarter. Equities analysts anticipate that Oklo Inc. will post -2.92 EPS 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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