Shares of Rezolve AI PLC (NASDAQ:RZLV - Get Free Report) saw an uptick in trading volume on Wednesday . 11,241,617 shares were traded during trading, an increase of 111% from the previous session's volume of 5,317,725 shares.The stock last traded at $2.80 and had previously closed at $2.78.
Wall Street Analyst Weigh In
A number of research analysts have recently issued reports on RZLV shares. HC Wainwright reiterated a "buy" rating and issued a $4.00 target price on shares of Rezolve AI in a research note on Friday, June 13th. Roth Mkm reaffirmed a "buy" rating and set a $4.00 price target on shares of Rezolve AI in a report on Wednesday, March 19th. Six equities research analysts have rated the stock with a buy rating and two have given a strong buy rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of "Buy" and a consensus target price of $6.00.
View Our Latest Research Report on RZLV
Rezolve AI Price Performance
The company has a 50 day moving average price of $2.04 and a 200 day moving average price of $2.26.
Hedge Funds Weigh In On Rezolve AI
Several hedge funds have recently added to or reduced their stakes in RZLV. Wolverine Asset Management LLC boosted its stake in shares of Rezolve AI by 62.1% in 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 position in Rezolve AI in the first quarter valued at approximately $30,000. SBI Securities Co. Ltd. grew 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 worth $35,000 after acquiring an additional 19,010 shares during the period. Summit Trail Advisors LLC bought a new stake in shares of Rezolve AI during the 1st quarter valued at $40,000. Finally, Virtu Financial LLC acquired a new position in shares of Rezolve AI in the 1st quarter valued at $44,000. Institutional investors own 27.96% of the company's stock.
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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