Shares of Rezolve AI PLC (NASDAQ:RZLV - Get Free Report) saw unusually-high trading volume on Monday . Approximately 6,773,782 shares were traded during trading, an increase of 0% from the previous session's volume of 6,745,336 shares.The stock last traded at $3.27 and had previously closed at $3.00.
Wall Street Analyst Weigh In
Several research analysts have recently weighed in on RZLV shares. HC Wainwright reissued a "buy" rating and issued a $4.00 price objective on shares of Rezolve AI in a research report on Friday, June 13th. Alliance Global Partners started coverage on Rezolve AI in a research report on Friday, August 1st. They issued a "buy" rating and a $8.50 price objective for the company. Seven research analysts have rated the stock with a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat.com, Rezolve AI currently has a consensus rating of "Buy" and an average price target of $6.36.
Read Our Latest Analysis on RZLV
Rezolve AI Price Performance
The company has a 50 day moving average price of $2.57 and a 200 day moving average price of $2.18.
Institutional Trading of Rezolve AI
Several large investors have recently made changes to their positions in the company. Wolverine Asset Management LLC boosted its stake in Rezolve AI by 62.1% during the 1st quarter. Wolverine Asset Management LLC now owns 21,453 shares of the company's stock valued at $26,000 after purchasing an additional 8,219 shares during the last quarter. FNY Investment Advisers LLC bought a new stake in shares of Rezolve AI in the 1st quarter worth approximately $30,000. Hartford Financial Management Inc. bought a new stake in Rezolve AI during the 2nd quarter valued at $31,000. SBI Securities Co. Ltd. raised its holdings in Rezolve AI by 192.5% during the 1st quarter. SBI Securities Co. Ltd. now owns 28,883 shares of the company's stock valued at $35,000 after acquiring an additional 19,010 shares during the period. Finally, Summit Trail Advisors LLC bought a new stake in Rezolve AI during the 1st quarter valued at $40,000. 27.96% of the stock is currently owned by institutional investors and hedge funds.
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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