Shares of Oklo Inc. (NYSE:OKLO – Get Free Report) traded down 4.8% during mid-day trading on Wednesday . The stock traded as low as $23.25 and last traded at $23.66. 18,267,994 shares were traded during mid-day trading, an increase of 313% from the average session volume of 4,418,123 shares. The stock had previously closed at $24.84.
Analysts Set New Price Targets
Several equities research analysts have recently issued reports on the company. Seaport Res Ptn raised Oklo to a “hold” rating in a report on Friday, September 6th. B. Riley initiated coverage on Oklo in a research report on Thursday, September 19th. They set a “buy” rating and a $10.00 target price for the company. Finally, Citigroup dropped their target price on Oklo from $11.00 to $10.00 and set a “neutral” rating for the company in a research report on Tuesday, September 24th.
Check Out Our Latest Analysis on OKLO
Oklo Price Performance
Oklo (NYSE:OKLO – Get Free Report) last issued its quarterly earnings results on Tuesday, August 13th. The company reported ($5.17) EPS for the quarter. Research analysts predict 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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