Shares of Oklo Inc. (NYSE:OKLO – Get Free Report) reached a new 52-week high during trading on Friday . The company traded as high as $19.39 and last traded at $19.20, with a volume of 10893297 shares. The stock had previously closed at $15.73.
Analysts Set New Price Targets
Several equities research analysts recently issued reports on OKLO shares. B. Riley initiated coverage on shares of Oklo in a report on Thursday, September 19th. They set a “buy” rating and a $10.00 price target on the stock. Citigroup decreased their target price on shares of Oklo from $11.00 to $10.00 and set a “neutral” rating on the stock in a research note on Tuesday, September 24th. Finally, Seaport Res Ptn upgraded Oklo to a “hold” rating in a research note on Friday, September 6th.
Oklo Price Performance
Oklo (NYSE:OKLO – Get Free Report) last announced its quarterly earnings results on Tuesday, August 13th. The company reported ($5.17) earnings per share (EPS) for the quarter. On average, equities research analysts predict that Oklo Inc. will post -2.92 earnings per share 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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