Roth Mkm started coverage on shares of Rezolve AI (NASDAQ:RZLV - Free Report) in a research report released on Tuesday, MarketBeat reports. The brokerage issued a buy rating and a $4.00 price target on the stock.
Separately, Cantor Fitzgerald began coverage on shares of Rezolve AI in a research note on Thursday, December 5th. They issued an "overweight" rating and a $5.00 price objective on the stock.
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Rezolve AI Price Performance
Shares of Rezolve AI stock traded down $0.02 during trading on Tuesday, reaching $1.93. The company's stock had a trading volume of 4,238,110 shares, compared to its average volume of 752,023. The stock has a 50-day moving average price of $4.37. Rezolve AI has a fifty-two week low of $1.57 and a fifty-two week high of $12.29.
Institutional Trading of Rezolve AI
An institutional investor recently bought a new position in Rezolve AI stock. K2 Principal Fund L.P. purchased a new position in Rezolve AI Limited (NASDAQ:RZLV - Free Report) in the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 131,250 shares of the company's stock, valued at approximately $881,000. K2 Principal Fund L.P. owned 0.08% of Rezolve AI as of its most recent SEC filing. 27.96% of the stock is owned by hedge funds and other institutional investors.
Rezolve AI Company Profile
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Rezolve Limited develops and offers a retail and engagement technology solution that acts as an instant transaction tool for mobile devices. Its tool allows users to discover and purchase goods and services, provide personal details in response to advertising, pay a bill, make a charitable donation, and more through a mobile device.
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