Maxim Group assumed coverage on shares of Rezolve AI (NASDAQ:RZLV - Free Report) in a report released on Thursday morning, MarketBeat.com reports. The firm issued a buy rating and a $10.00 price objective on the stock.
Several other equities research analysts have also commented on the company. Roth Mkm started coverage on Rezolve AI in a research report on Tuesday, December 10th. They issued a "buy" rating and a $4.00 price objective on the stock. D. Boral Capital reiterated a "buy" rating and set a $8.00 target price on shares of Rezolve AI in a research report on Friday, December 20th. Northland Securities initiated coverage on Rezolve AI in a research report on Wednesday, December 18th. They set an "outperform" rating and a $5.00 target price on the stock. Roth Capital upgraded Rezolve AI to a "strong-buy" rating in a research report on Tuesday, December 10th. Finally, Northland Capmk upgraded Rezolve AI to a "strong-buy" rating in a research report on Tuesday, December 17th. Five analysts have rated the stock with a buy rating and two have assigned a strong buy rating to the company's stock. According to MarketBeat, the stock has a consensus rating of "Buy" and an average price target of $6.40.
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Rezolve AI Trading Up 24.9 %
Rezolve AI stock traded up $0.60 during mid-day trading on Thursday, hitting $3.01. The company had a trading volume of 18,852,012 shares, compared to its average volume of 10,790,230. Rezolve AI has a 12-month low of $1.57 and a 12-month high of $12.29. The firm's fifty day moving average is $3.00.
Institutional Inflows and Outflows
A hedge fund recently bought a new stake in Rezolve AI stock. K2 Principal Fund L.P. acquired a new stake in Rezolve AI Limited (NASDAQ:RZLV - Free Report) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 131,250 shares of the company's stock, valued at approximately $881,000. K2 Principal Fund L.P. owned approximately 0.08% of Rezolve AI as of its most recent filing with the Securities and Exchange Commission. 27.96% of the stock is owned by institutional investors and hedge funds.
About Rezolve AI
(
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Rezolve 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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