Rezolve AI Limited (NASDAQ:RZLV - Get Free Report) shares gapped down prior to trading on Thursday . The stock had previously closed at $3.75, but opened at $3.61. Rezolve AI shares last traded at $3.52, with a volume of 4,309,250 shares traded.
Wall Street Analyst Weigh In
Several equities analysts recently issued reports on the stock. Northland Securities started coverage on shares of Rezolve AI in a report on Wednesday. They set an "outperform" rating and a $5.00 price objective on the stock. Cantor Fitzgerald initiated coverage on Rezolve AI in a 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 research note on Tuesday, December 10th. Northland Capmk upgraded Rezolve AI to a "strong-buy" rating in a research note on Tuesday. Finally, Roth Mkm began coverage on shares of Rezolve AI in a report on Tuesday, December 10th. They issued a "buy" rating and a $4.00 target price for the company. Three analysts have rated the stock with a buy rating and two have issued a strong buy rating to the company. According to MarketBeat, the company presently has a consensus rating of "Buy" and a consensus target price of $4.67.
Read Our Latest Stock Report on RZLV
Rezolve AI Price Performance
The company has a 50-day simple moving average of $3.74.
Institutional Investors Weigh In On Rezolve AI
A hedge fund recently bought a new stake in Rezolve AI stock. K2 Principal Fund L.P. bought a new position in shares of Rezolve AI Limited (NASDAQ:RZLV - Free Report) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 131,250 shares of the company's stock, valued at approximately $881,000. K2 Principal Fund L.P. owned about 0.08% of Rezolve AI at the end of the most recent quarter. 27.96% of the stock is currently owned by institutional investors.
Rezolve AI Company Profile
(
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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