Shares of Rezolve AI Limited (NASDAQ:RZLV - Get Free Report) traded up 11.6% during trading on Thursday . The stock traded as high as $2.95 and last traded at $2.69. 10,966,890 shares traded hands during mid-day trading, an increase of 10% from the average session volume of 9,963,887 shares. The stock had previously closed at $2.41.
Analyst Upgrades and Downgrades
A number of research analysts have recently weighed in on RZLV shares. D. Boral Capital restated a "buy" rating and set a $8.00 price target on shares of Rezolve AI in a report on Friday, December 20th. Roth Mkm began coverage on Rezolve AI in a report on Tuesday, December 10th. They set a "buy" rating and a $4.00 target price on the stock. Maxim Group initiated coverage on Rezolve AI in a research note on Thursday. They set a "buy" rating and a $10.00 price target for the company. Roth Capital raised Rezolve AI to a "strong-buy" rating in a research note on Tuesday, December 10th. Finally, Cantor Fitzgerald initiated coverage on Rezolve AI in a research report on Thursday, December 5th. They set an "overweight" 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 company. Based on data from MarketBeat, the stock has a consensus rating of "Buy" and an average price target of $6.40.
Check Out Our Latest Stock Report on RZLV
Rezolve AI Price Performance
The company has a 50 day moving average price of $3.00.
Institutional Inflows and Outflows
An institutional investor recently bought a new position in Rezolve AI stock. K2 Principal Fund L.P. acquired a new position in Rezolve AI Limited (NASDAQ:RZLV - Free Report) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 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. Hedge funds and other 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.
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