Rezolve AI Limited (NASDAQ:RZLV - Get Free Report)'s share price shot up 2% during mid-day trading on Friday . The stock traded as high as $3.15 and last traded at $3.03. 3,404,619 shares traded hands during mid-day trading, a decline of 67% from the average session volume of 10,444,203 shares. The stock had previously closed at $2.97.
Wall Street Analyst Weigh In
RZLV has been the topic of several research reports. D. Boral Capital reissued a "buy" rating and set a $8.00 price objective on shares of Rezolve AI in a research note on Friday, December 20th. Cantor Fitzgerald initiated coverage on Rezolve AI in a research report on Thursday, December 5th. They issued an "overweight" rating and a $5.00 price target on the stock. Roth Mkm began coverage on Rezolve AI in a research note on Tuesday, December 10th. They issued a "buy" rating and a $4.00 price target on the stock. Northland Securities initiated coverage on Rezolve AI in a research note on Wednesday, December 18th. They set an "outperform" rating and a $5.00 price objective for the company. Finally, Northland Capmk raised Rezolve AI to a "strong-buy" rating in a research note on Tuesday, December 17th. Four 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.com, Rezolve AI presently has an average rating of "Buy" and a consensus target price of $5.50.
Get Our Latest Stock Analysis on RZLV
Rezolve AI Price Performance
The firm has a 50 day simple moving average of $3.14.
Hedge Funds 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 stake in shares of Rezolve AI Limited (NASDAQ:RZLV - Free Report) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor 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 SEC filing. Institutional investors 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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