Oklo Inc. (NYSE:OKLO – Get Free Report)’s share price hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as $25.70 and last traded at $25.70, with a volume of 1850843 shares traded. The stock had previously closed at $24.84.
Analyst Upgrades and Downgrades
Several brokerages recently issued reports on OKLO. Citigroup cut their price target on shares of Oklo from $11.00 to $10.00 and set a “neutral” rating for the company in a report on Tuesday, September 24th. B. Riley assumed coverage on shares of Oklo in a research note on Thursday, September 19th. They issued a “buy” rating and a $10.00 target price for the company. Finally, Seaport Res Ptn upgraded Oklo to a “hold” rating in a research report on Friday, September 6th.
Oklo Stock Performance
Oklo (NYSE:OKLO – Get Free Report) last announced its earnings results on Tuesday, August 13th. The company reported ($5.17) earnings per share (EPS) for the quarter. Equities research analysts expect that Oklo Inc. will post -2.92 earnings per share 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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