Rezolve AI Limited (NASDAQ:RZLV - Get Free Report) traded up 4.4% during mid-day trading on Tuesday . The stock traded as high as $3.03 and last traded at $2.97. Approximately 4,378,329 shares traded hands during mid-day trading, a decline of 56% from the average daily volume of 9,914,802 shares. The stock had previously closed at $2.84.
Analyst Upgrades and Downgrades
Several research firms have commented on RZLV. Roth Mkm initiated coverage on Rezolve AI in a research note on Tuesday, December 10th. They set a "buy" rating and a $4.00 price objective for the company. Roth Capital upgraded shares of Rezolve AI to a "strong-buy" rating in a research report on Tuesday, December 10th. Cantor Fitzgerald began coverage on shares of Rezolve AI in a report on Thursday, December 5th. They issued an "overweight" rating and a $5.00 price objective for the company. D. Boral Capital restated a "buy" rating and issued a $8.00 price target on shares of Rezolve AI in a research report on Friday, December 20th. Finally, Northland Securities started coverage on Rezolve AI in a report on Wednesday, December 18th. They issued an "outperform" rating and a $5.00 target price for the company. Five equities research analysts have rated the stock with a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat, Rezolve AI presently has a consensus rating of "Buy" and an average target price of $6.40.
Read Our Latest Report on Rezolve AI
Rezolve AI Trading Down 1.9 %
The stock's fifty day moving average price is $2.91.
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) during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund acquired 131,250 shares of the company's stock, valued at approximately $881,000. K2 Principal Fund L.P. owned 0.08% of Rezolve AI at the end of the most recent quarter. 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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