Oklo Inc. (NYSE:OKLO – Get Free Report) hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $25.70 and last traded at $25.70, with a volume of 1850843 shares trading hands. The stock had previously closed at $24.84.
Wall Street Analysts Forecast Growth
Several brokerages have recently commented on OKLO. Seaport Res Ptn upgraded Oklo to a “hold” rating in a research report on Friday, September 6th. B. Riley initiated coverage on Oklo in a research note on Thursday, September 19th. They set a “buy” rating and a $10.00 price objective on the stock. Finally, Citigroup lowered their target price on shares of Oklo from $11.00 to $10.00 and set a “neutral” rating for the company in a research note on Tuesday, September 24th.
View Our Latest Report on Oklo
Oklo Trading Up 2.9 %
Oklo (NYSE:OKLO – Get Free Report) last announced its quarterly earnings results on Tuesday, August 13th. The company reported ($5.17) earnings per share for the quarter. As a group, research analysts expect that Oklo Inc. will post -2.92 earnings per share 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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