Oklo (NYSE:OKLO) Sees Unusually-High Trading Volume – What’s Next?

Shares of Oklo Inc. (NYSE:OKLO) saw an uptick in trading volume on Friday . 3,785,157 shares changed hands during 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 analysts have recently issued reports on the company. B. Riley initiated coverage on Oklo in a report on Thursday, September 19th. They set a “buy” rating and a $10.00 price objective on the stock. Seaport Res Ptn upgraded shares of Oklo to a “hold” rating in a report on Friday, September 6th. Finally, Citigroup dropped their price objective 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.

Oklo Stock Down 7.9 %

The firm has a 50 day moving average price of $12.65.

Oklo (NYSE:OKLO) last released its quarterly earnings data on Tuesday, August 13th. The company reported ($5.17) earnings per share for the quarter. Analysts forecast 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.