Rezolve AI Limited (NASDAQ:RZLV - Get Free Report)'s share price gapped up prior to trading on Wednesday . The stock had previously closed at $2.86, but opened at $3.23. Rezolve AI shares last traded at $3.18, with a volume of 14,011,532 shares changing hands.
Analyst Upgrades and Downgrades
RZLV has been the subject of several recent research reports. Roth Capital raised Rezolve AI to a "strong-buy" rating in a report on Tuesday, December 10th. Northland Securities initiated coverage on Rezolve AI in a report on Wednesday, December 18th. They issued an "outperform" rating and a $5.00 price target for the company. D. Boral Capital reaffirmed a "buy" rating and issued a $8.00 price target on shares of Rezolve AI in a report on Friday, December 20th. Cantor Fitzgerald began coverage on Rezolve AI in a report on Thursday, December 5th. They issued an "overweight" rating and a $5.00 price target for the company. Finally, Maxim Group began coverage on Rezolve AI in a research note on Thursday, January 16th. They issued a "buy" rating and a $10.00 price objective on the stock. Five research analysts have rated the stock with a buy rating and two have issued a strong buy rating to the stock. Based on data from MarketBeat.com, Rezolve AI presently has an average rating of "Buy" and an average price target of $6.40.
View Our Latest Analysis on RZLV
Rezolve AI Price Performance
The firm's 50 day moving average is $2.86.
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) in the third quarter, according to the company in its most recent 13F filing with the Securities & 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 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
(
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.
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