Oklo (NYSE:OKLO) Sees Strong Trading Volume – Still a Buy?

Shares of Oklo Inc. (NYSE:OKLOGet Free Report) saw an uptick in trading volume on Friday . 3,785,157 shares changed hands during mid-day trading, a decline of 21% from the previous session’s volume of 4,813,823 shares.The stock last traded at $26.22 and had previously closed at $26.56.

Analysts Set New Price Targets

Several research analysts have recently commented on OKLO shares. B. Riley started coverage on Oklo in a research note on Thursday, September 19th. They set a “buy” rating and a $10.00 target price for the company. Seaport Res Ptn raised shares of Oklo to a “hold” rating in a report on Friday, September 6th. Finally, Citigroup lowered their price target on shares of Oklo from $11.00 to $10.00 and set a “neutral” rating on the stock in a report on Tuesday, September 24th.

Read Our Latest Stock Report on Oklo

Oklo Stock Down 6.0 %

The business’s fifty day simple moving average is $12.28.

Oklo (NYSE:OKLOGet Free Report) last released its quarterly earnings results on Tuesday, August 13th. The company reported ($5.17) EPS for the quarter. As a group, equities research analysts predict that Oklo Inc. will post -2.92 EPS for the current year.

About Oklo

(Get Free Report)

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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