Oklo Inc. (NYSE:OKLO - Get Free Report)'s share price was up 6% on Tuesday . The company traded as high as $22.29 and last traded at $21.90. Approximately 7,165,384 shares changed hands during mid-day trading, an increase of 33% from the average daily volume of 5,378,686 shares. The stock had previously closed at $20.67.
Analyst Upgrades and Downgrades
A number of research analysts recently weighed in on OKLO shares. B. Riley started coverage on shares of Oklo in a research report on Thursday, September 19th. They issued a "buy" rating and a $10.00 target price for the company. Seaport Res Ptn raised shares of Oklo to a "hold" rating in a research report on Friday, September 6th. Finally, Citigroup decreased their target price 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.
Read Our Latest Analysis on Oklo
Oklo Trading Up 5.4 %
The business's 50 day simple moving average is $14.60.
Institutional Trading of Oklo
Hedge funds and other institutional investors have recently bought and sold shares of the business. Barclays PLC bought a new position in Oklo in the 3rd quarter valued at about $58,000. Y Intercept Hong Kong Ltd bought a new position in Oklo in the 3rd quarter valued at approximately $94,000. MML Investors Services LLC bought a new stake in Oklo during the 3rd quarter worth approximately $104,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC bought a new stake in Oklo during the 3rd quarter worth approximately $104,000. Finally, Stifel Financial Corp acquired a new position in Oklo in the 3rd quarter valued at approximately $104,000. Institutional investors and hedge funds own 85.03% of the company's stock.
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.
Further Reading
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Oklo, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Oklo wasn't on the list.
While Oklo currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Click the link below and we'll send you MarketBeat's guide to investing in 5G and which 5G stocks show the most promise.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
