Rezolve AI Limited (NASDAQ:RZLV - Get Free Report) shares saw strong trading volume on Wednesday . 5,637,588 shares were traded during trading, a decline of 46% from the previous session's volume of 10,414,009 shares.The stock last traded at $3.07 and had previously closed at $3.72.
Wall Street Analyst Weigh In
RZLV has been the subject of several research reports. Northland Capmk raised shares of Rezolve AI to a "strong-buy" rating in a report on Tuesday, December 17th. D. Boral Capital restated a "buy" rating and set a $8.00 price target on shares of Rezolve AI in a research note on Friday, December 20th. Northland Securities began coverage on Rezolve AI in a research note on Wednesday, December 18th. They issued an "outperform" rating and a $5.00 price objective on the stock. Roth Capital upgraded Rezolve AI to a "strong-buy" rating in a research report on Tuesday, December 10th. Finally, Roth Mkm assumed coverage on Rezolve AI in a research note on Tuesday, December 10th. They issued a "buy" rating and a $4.00 price target on the stock. Four equities research analysts have rated the stock with a buy rating and two have issued a strong buy rating to the company's stock. According to MarketBeat, the company has a consensus rating of "Buy" and a consensus price target of $5.50.
Get Our Latest Stock Report on RZLV
Rezolve AI Stock Performance
The firm's 50 day moving average is $3.22.
Institutional Trading of Rezolve AI
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) in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. 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 at the end of the most recent quarter. Institutional investors and hedge funds own 27.96% of the company's stock.
About Rezolve AI
(
Get Free Report)
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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