Rezolve AI Limited (NASDAQ:RZLV - Get Free Report)'s stock price traded up 1.2% on Friday . The company traded as high as $2.96 and last traded at $2.95. 3,298,033 shares traded hands during mid-day trading, a decline of 61% from the average session volume of 8,448,774 shares. The stock had previously closed at $2.91.
Analyst Upgrades and Downgrades
RZLV has been the subject of several recent research reports. Northland Securities began coverage on shares of Rezolve AI in a report on Wednesday, December 18th. They set an "outperform" rating and a $5.00 target price for the company. Roth Capital raised Rezolve AI to a "strong-buy" rating in a report on Tuesday, December 10th. D. Boral Capital restated a "buy" rating and issued a $8.00 target price on shares of Rezolve AI in a research note on Friday, December 20th. Cantor Fitzgerald started coverage on Rezolve AI in a research report on Thursday, December 5th. They set an "overweight" rating and a $5.00 price target for the company. Finally, Maxim Group assumed coverage on Rezolve AI in a research report on Thursday, January 16th. They issued a "buy" rating and a $10.00 price objective on the stock. Five analysts have rated the stock with a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat.com, the stock currently has an average rating of "Buy" and an average price target of $6.40.
Check Out Our Latest Stock Analysis on Rezolve AI
Rezolve AI Price Performance
The stock has a 50-day moving average of $3.05.
Institutional Investors Weigh In On Rezolve AI
A number of institutional investors have recently added to or reduced their stakes in the stock. SBI Securities Co. Ltd. acquired a new position in Rezolve AI during the fourth quarter worth $38,000. Wolverine Asset Management LLC purchased a new stake in shares of Rezolve AI during the fourth quarter worth about $51,000. RPO LLC acquired a new position in shares of Rezolve AI during the 4th quarter worth about $108,000. Two Sigma Investments LP purchased a new stake in Rezolve AI during the 4th quarter worth approximately $110,000. Finally, Boothbay Fund Management LLC acquired a new position in shares of Rezolve AI during the fourth quarter valued at approximately $154,000. Institutional investors and hedge funds own 27.96% of the company's stock.
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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