Northland Securities began coverage on shares of Rezolve AI (NASDAQ:RZLV - Free Report) in a research report report published on Wednesday, Marketbeat Ratings reports. The brokerage issued an outperform rating and a $5.00 target price on the stock.
Other research analysts have also issued research reports about the stock. Cantor Fitzgerald assumed coverage on shares of Rezolve AI in a research report on Thursday, December 5th. They issued an "overweight" rating and a $5.00 price target on the stock. Roth Capital upgraded Rezolve AI to a "strong-buy" rating in a report on Tuesday, December 10th. Finally, Roth Mkm assumed coverage on Rezolve AI in a research report on Tuesday, December 10th. They set a "buy" rating and a $4.00 target price on the stock.
View Our Latest Stock Analysis on RZLV
Rezolve AI Trading Up 14.0 %
Shares of NASDAQ:RZLV traded up $0.46 during trading hours on Wednesday, hitting $3.75. 44,297,324 shares of the company's stock traded hands, compared to its average volume of 3,186,018. The company's fifty day simple moving average is $3.81. Rezolve AI has a 52 week low of $1.57 and a 52 week high of $12.29.
Hedge Funds Weigh In On Rezolve AI
An institutional investor recently bought a new position in Rezolve AI stock. K2 Principal Fund L.P. purchased a new stake in shares of Rezolve AI Limited (NASDAQ:RZLV - Free Report) during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 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 at the end of the most recent quarter. Hedge funds and other institutional investors own 27.96% of the company's stock.
About Rezolve AI
(
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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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