Rezolve AI Limited (NASDAQ:RZLV - Get Free Report)'s stock price dropped 2.1% on Wednesday . The stock traded as low as $2.82 and last traded at $2.99. Approximately 3,236,954 shares traded hands during trading, a decline of 62% from the average daily volume of 8,631,135 shares. The stock had previously closed at $3.05.
Analyst Ratings Changes
RZLV has been the topic of several recent analyst reports. Northland Securities initiated coverage on Rezolve AI in a research report on Wednesday, December 18th. They set an "outperform" rating and a $5.00 price target on the stock. Northland Capmk raised Rezolve AI to a "strong-buy" rating in a research report on Tuesday, December 17th. Roth Capital raised Rezolve AI to a "strong-buy" rating in a research report on Tuesday, December 10th. D. Boral Capital reaffirmed a "buy" rating and issued a $8.00 target price on shares of Rezolve AI in a research report on Friday, December 20th. Finally, Cantor Fitzgerald initiated coverage on Rezolve AI in a research report on Thursday, December 5th. They issued an "overweight" rating and a $5.00 target price on the stock. Five equities research analysts have rated the stock with a buy rating and two have assigned a strong buy rating to the company's stock. According to data from MarketBeat.com, the company has an average rating of "Buy" and a consensus target price of $6.40.
Get Our Latest Stock Analysis on Rezolve AI
Rezolve AI Stock Up 0.3 %
The stock has a 50-day moving average price of $3.05.
Institutional Trading of Rezolve AI
Several large investors have recently made changes to their positions in the stock. Two Sigma Investments LP bought a new stake in shares of Rezolve AI during the 4th quarter worth about $110,000. Polar Asset Management Partners Inc. bought a new stake in shares of Rezolve AI during the 4th quarter worth about $1,699,000. Jane Street Group LLC bought a new stake in shares of Rezolve AI during the 4th quarter worth about $1,650,000. Boothbay Fund Management LLC bought a new stake in shares of Rezolve AI during the 4th quarter worth about $154,000. Finally, Blue Owl Capital Holdings LP bought a new stake in Rezolve AI during the 4th quarter valued at approximately $670,000. Institutional investors own 27.96% of the company's stock.
About Rezolve AI
(
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.
Read More
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
MarketBeat's analysts have just released their top five short plays for March 2025. Learn which stocks have the most short interest and how to trade them. Enter your email address to see which companies made the list.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
