Shares of Rezolve AI Limited (NASDAQ:RZLV - Get Free Report) have received an average recommendation of "Buy" from the seven ratings firms that are covering the firm, Marketbeat Ratings reports. Five equities research analysts have rated the stock with a buy recommendation and two have issued a strong buy recommendation on the company. The average 1 year target price among brokerages that have issued ratings on the stock in the last year is $6.40.
A number of research firms recently issued reports on RZLV. Northland Capmk upgraded shares of Rezolve AI to a "strong-buy" rating in a report on Tuesday, December 17th. Northland Securities started coverage on shares of Rezolve AI in a research note on Wednesday, December 18th. They set an "outperform" rating and a $5.00 price objective for the company. D. Boral Capital reiterated a "buy" rating and set a $8.00 price objective on shares of Rezolve AI in a research note on Friday, December 20th. Roth Mkm started coverage on shares of Rezolve AI in a research note on Tuesday, December 10th. They set a "buy" rating and a $4.00 price objective for the company. Finally, Maxim Group assumed coverage on shares of Rezolve AI in a research note on Thursday, January 16th. They set a "buy" rating and a $10.00 price objective for the company.
Check Out Our Latest Stock Report on RZLV
Rezolve AI Stock Performance
Rezolve AI stock traded down $0.30 during trading on Friday, reaching $3.05. The company had a trading volume of 5,895,391 shares, compared to its average volume of 8,839,375. Rezolve AI has a 12-month low of $1.57 and a 12-month high of $12.29. The business's 50 day moving average price is $2.98.
Hedge Funds Weigh In On Rezolve AI
Several institutional investors have recently modified their holdings of the company. K2 Principal Fund L.P. bought a new position in shares of Rezolve AI during the third quarter worth about $881,000. Periscope Capital Inc. bought a new position in Rezolve AI in the 4th quarter valued at about $268,000. Wolverine Asset Management LLC bought a new position in Rezolve AI in the 4th quarter valued at about $51,000. Finally, SBI Securities Co. Ltd. bought a new position in Rezolve AI in the 4th quarter valued at about $38,000. 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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