Rezolve AI (NASDAQ:RZLV) Upgraded at Roth Capital

Rezolve AI (NASDAQ:RZLV - Get Free Report) was upgraded by equities researchers at Roth Capital to a "strong-buy" rating in a research report issued to clients and investors on Tuesday,Zacks.com reports.

Other research analysts have also recently issued research reports about the company. Cantor Fitzgerald assumed coverage on Rezolve AI in a research report on Thursday, December 5th. They set an "overweight" rating and a $5.00 target price on the stock. Roth Mkm began coverage on shares of Rezolve AI in a research note on Tuesday. They issued a "buy" rating and a $4.00 target price for the company.

Rezolve AI Stock Performance

NASDAQ RZLV traded up $0.16 during trading hours on Tuesday, hitting $2.09. The company's stock had a trading volume of 57,110,485 shares, compared to its average volume of 1,439,375. The company's 50-day moving average price is $4.27. Rezolve AI has a 52 week low of $1.57 and a 52 week high of $12.29.

Institutional Investors Weigh In On Rezolve AI

A hedge fund recently bought a new stake 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 disclosure with the Securities & 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 as of its most recent filing with the Securities & Exchange Commission. Hedge funds and other institutional investors own 27.96% of the company's stock.

About Rezolve AI

Rezolve Limited develops and offers a retail and engagement technology solution that acts as an instant transaction tool for mobile devices. Its tool allows users to discover and purchase goods and services, provide personal details in response to advertising, pay a bill, make a charitable donation, and more through a mobile device.