Rezolve AI Limited (NASDAQ:RZLV - Get Free Report)'s stock price gapped down prior to trading on Thursday . The stock had previously closed at $3.16, but opened at $3.00. Rezolve AI shares last traded at $3.01, with a volume of 2,609,331 shares trading hands.
Analyst Ratings Changes
Several analysts have recently weighed in on the stock. Maxim Group started coverage on shares of Rezolve AI in a report on Thursday, January 16th. They set a "buy" rating and a $10.00 price objective for the company. Northland Capmk upgraded Rezolve AI to a "strong-buy" rating in a research note on Tuesday, December 17th. Northland Securities initiated coverage on shares of Rezolve AI in a research report on Wednesday, December 18th. They set an "outperform" rating and a $5.00 price target on the stock. Cantor Fitzgerald assumed coverage on shares of Rezolve AI in a research note on Thursday, December 5th. They issued an "overweight" rating and a $5.00 target price for the company. Finally, Roth Mkm assumed coverage on shares of Rezolve AI in a report on Tuesday, December 10th. They issued a "buy" rating and a $4.00 price target for the company. Five analysts have rated the stock with a buy rating and two have given a strong buy rating to the company. Based on data from MarketBeat, Rezolve AI currently has a consensus rating of "Buy" and an average target price of $6.40.
Get Our Latest Stock Analysis on RZLV
Rezolve AI Stock Performance
The firm's 50 day moving average price is $2.86.
Hedge Funds Weigh In On Rezolve AI
A hedge fund recently bought a new stake in Rezolve AI stock. K2 Principal Fund L.P. purchased a new stake in Rezolve AI Limited (NASDAQ:RZLV - Free Report) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 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 reporting period. 27.96% of the stock is owned by institutional investors.
Rezolve AI Company Profile
(
Get Free Report)
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.
See Also
Before you consider Rezolve AI, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Rezolve AI wasn't on the list.
While Rezolve AI currently has a "Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Which stocks are hedge funds and endowments buying in today's market? Enter your email address and we'll send you MarketBeat's list of thirteen stocks that institutional investors are buying now.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
