Oklo Inc. (NYSE:OKLO – Get Free Report) shares were up 10.6% on Monday . The stock traded as high as $21.69 and last traded at $20.17. Approximately 24,370,760 shares traded hands during trading, an increase of 630% from the average daily volume of 3,338,216 shares. The stock had previously closed at $18.23.
Wall Street Analysts Forecast Growth
Several equities analysts recently issued reports on the company. Seaport Res Ptn raised Oklo to a “hold” rating in a research report on Friday, September 6th. B. Riley began coverage on Oklo in a report on Thursday, September 19th. They set a “buy” rating and a $10.00 price target on the stock. Finally, Citigroup reduced their price objective on Oklo from $11.00 to $10.00 and set a “neutral” rating for the company in a report on Tuesday, September 24th.
View Our Latest Stock 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 for the quarter. Analysts expect that Oklo Inc. will post -2.92 EPS for the current 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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