Shares of Oklo Inc. (NYSE:OKLO – Get Free Report) fell 0.2% during trading on Thursday . The company traded as low as $17.78 and last traded at $18.26. Approximately 10,682,340 shares traded hands during trading, an increase of 174% from the average daily volume of 3,903,697 shares. The stock had previously closed at $18.30.
Wall Street Analysts Forecast Growth
OKLO has been the subject of a number of recent research reports. Citigroup reduced their price objective on shares of Oklo from $11.00 to $10.00 and set a “neutral” rating for the company in a research note on Tuesday, September 24th. B. Riley assumed coverage on Oklo in a report on Thursday, September 19th. They issued a “buy” rating and a $10.00 price target for the company. Finally, Seaport Res Ptn upgraded Oklo to a “hold” rating in a research note on Friday, September 6th.
Check Out Our Latest Analysis on OKLO
Oklo Stock Performance
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. On average, equities analysts forecast that Oklo Inc. will post -2.92 EPS for the current fiscal year.
About Oklo
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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