HC Wainwright restated their buy rating on shares of Rezolve AI (NASDAQ:RZLV - Free Report) in a research report sent to investors on Friday,Benzinga reports. The firm currently has a $4.00 target price on the stock.
Separately, Roth Mkm reissued a "buy" rating and issued a $4.00 price target on shares of Rezolve AI in a report on Wednesday, March 19th. Six research analysts have rated the stock with a buy rating and two have issued a strong buy rating to the company. According to MarketBeat.com, Rezolve AI currently has an average rating of "Buy" and a consensus price target of $6.00.
View Our Latest Stock Analysis on RZLV
Rezolve AI Stock Down 0.5%
Shares of RZLV traded down $0.01 during midday trading on Friday, reaching $2.02. The stock had a trading volume of 4,357,516 shares, compared to its average volume of 5,064,190. The firm's 50 day moving average price is $1.92 and its 200-day moving average price is $2.27. Rezolve AI has a 52 week low of $1.07 and a 52 week high of $12.29.
Institutional Trading of Rezolve AI
Hedge funds have recently bought and sold shares of the company. Wolverine Asset Management LLC raised its holdings in shares of Rezolve AI by 62.1% during the first quarter. Wolverine Asset Management LLC now owns 21,453 shares of the company's stock valued at $26,000 after acquiring an additional 8,219 shares during the period. FNY Investment Advisers LLC purchased a new stake in shares of Rezolve AI in the first quarter valued at $30,000. SBI Securities Co. Ltd. boosted its position in shares of Rezolve AI by 192.5% in the first quarter. SBI Securities Co. Ltd. now owns 28,883 shares of the company's stock worth $35,000 after buying an additional 19,010 shares during the period. Summit Trail Advisors LLC purchased a new position in shares of Rezolve AI during the first quarter valued at $40,000. Finally, Virtu Financial LLC purchased a new stake in Rezolve AI in the 1st quarter worth about $44,000. 27.96% of the stock is owned by hedge funds and other institutional investors.
About Rezolve AI
(
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Rezolve AI Plc 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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