Oklo Inc. (NYSE:OKLO – Get Free Report)’s share price rose 8.2% on Tuesday . The stock traded as high as $9.08 and last traded at $8.99. Approximately 1,603,150 shares traded hands during mid-day trading, a decline of 28% from the average daily volume of 2,239,556 shares. The stock had previously closed at $8.31.
Wall Street Analysts Forecast Growth
OKLO has been the subject of several recent analyst reports. B. Riley initiated coverage on shares of Oklo in a research note on Thursday, September 19th. They set a “buy” rating and a $10.00 price objective for the company. Citigroup started coverage on shares of Oklo in a report on Tuesday, June 4th. They issued a “neutral” rating and a $11.00 price objective on the stock. Finally, Seaport Res Ptn upgraded shares of Oklo to a “hold” rating in a report on Friday, September 6th.
Get Our Latest Stock Report 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 for the quarter. Equities analysts expect that Oklo Inc. will post -0.54 EPS for the current fiscal year.
Oklo Company Profile
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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