Shares of Rezolve AI PLC (NASDAQ:RZLV - Get Free Report) saw an uptick in trading volume on Tuesday . 6,518,372 shares traded hands during mid-day trading, a decline of 9% from the previous session's volume of 7,128,355 shares.The stock last traded at $3.77 and had previously closed at $3.74.
Analyst Upgrades and Downgrades
A number of brokerages have recently weighed in on RZLV. Alliance Global Partners started coverage on Rezolve AI in a research report on Friday, August 1st. They set a "buy" rating and a $8.50 target price on the stock. HC Wainwright reaffirmed a "buy" rating and issued a $4.00 price target on shares of Rezolve AI in a report on Friday, June 13th. Two investment analysts have rated the stock with a Strong Buy rating and seven have assigned a Buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of "Buy" and an average target price of $6.36.
Get Our Latest Stock Analysis on RZLV
Rezolve AI Stock Down 1.2%
The firm's 50 day moving average is $3.05 and its 200 day moving average is $2.28.
Institutional Trading of Rezolve AI
Institutional investors and hedge funds have recently bought and sold shares of the stock. Jane Street Group LLC bought a new stake in Rezolve AI during the fourth quarter worth approximately $1,650,000. Polar Asset Management Partners Inc. bought a new stake in shares of Rezolve AI during the fourth quarter worth $1,699,000. Two Sigma Investments LP purchased a new stake in shares of Rezolve AI during the fourth quarter valued at $110,000. B. Riley Wealth Advisors Inc. purchased a new stake in Rezolve AI in the 4th quarter valued at about $88,000. Finally, FNY Investment Advisers LLC bought a new position in Rezolve AI in the 1st quarter worth about $30,000. 27.96% of the stock is currently owned by institutional investors.
Rezolve AI Company Profile
(
Get Free Report)
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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