Rezolve AI Limited (NASDAQ:RZLV - Get Free Report) has received a consensus recommendation of "Buy" from the six ratings firms that are presently covering the company, Marketbeat Ratings reports. Four equities research analysts have rated the stock with a buy recommendation and two have assigned a strong buy recommendation to the company. The average 1-year price objective among brokerages that have updated their coverage on the stock in the last year is $5.50.
A number of analysts have issued reports on RZLV shares. Roth Capital raised Rezolve AI to a "strong-buy" rating in a research note on Tuesday, December 10th. Northland Capmk raised shares of Rezolve AI to a "strong-buy" rating in a research note on Tuesday, December 17th. Northland Securities initiated coverage on Rezolve AI in a report on Wednesday, December 18th. They set an "outperform" rating and a $5.00 price objective for the company. Cantor Fitzgerald began coverage on shares of Rezolve AI in a research report on Thursday, December 5th. They set an "overweight" rating and a $5.00 price target on the stock. Finally, Roth Mkm started coverage on shares of Rezolve AI in a research note on Tuesday, December 10th. They issued a "buy" rating and a $4.00 target price on the stock.
Read Our Latest Stock Analysis on RZLV
Rezolve AI Price Performance
Shares of NASDAQ RZLV traded down $0.09 during midday trading on Tuesday, reaching $2.31. 8,148,393 shares of the stock were exchanged, compared to its average volume of 10,291,806. The stock's 50 day simple moving average is $3.08. Rezolve AI has a 52-week low of $1.57 and a 52-week high of $12.29.
Institutional Inflows and Outflows
An institutional investor recently bought a new position in Rezolve AI stock. K2 Principal Fund L.P. acquired a new stake in Rezolve AI Limited (NASDAQ:RZLV - Free Report) in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 131,250 shares of the company's stock, valued at approximately $881,000. K2 Principal Fund L.P. owned about 0.08% of Rezolve AI at the end of the most recent reporting period. Institutional investors own 27.96% of the company's stock.
About Rezolve AI
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Get Free ReportRezolve Ai Ltd. operates in the mobile commerce industry with its cutting-edge engagement platform powered by artificial intelligence and machine learning. It develops AI-based mobile commerce and engagement solutions, simplifying the purchasing process by providing relevant information and facilitating seamless transactions with a single tap.
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