Shares of Rezolve AI PLC (NASDAQ:RZLV - Get Free Report) fell 8.1% during mid-day trading on Thursday . The stock traded as low as $3.12 and last traded at $3.12. 6,600,248 shares traded hands during trading, a decline of 1% from the average session volume of 6,663,291 shares. The stock had previously closed at $3.39.
Analyst Ratings Changes
Separately, HC Wainwright reiterated a "buy" rating and set a $4.00 target price on shares of Rezolve AI in a research report on Friday, June 13th. Six equities research analysts have rated the stock with a buy rating and two have given a strong buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of "Buy" and a consensus target price of $6.00.
Get Our Latest Analysis on Rezolve AI
Rezolve AI Trading Down 10.3%
The company's fifty day moving average is $2.38 and its 200 day moving average is $2.20.
Institutional Trading of Rezolve AI
A number of hedge funds have recently modified their holdings of the stock. WINTON GROUP Ltd acquired a new stake in shares of Rezolve AI during the 4th quarter worth approximately $279,000. Highbridge Capital Management LLC bought a new stake in Rezolve AI during the 4th quarter worth approximately $286,000. Geode Capital Management LLC acquired a new position in shares of Rezolve AI in the 4th quarter worth approximately $393,000. RPO LLC acquired a new position in shares of Rezolve AI in the 4th quarter worth approximately $108,000. Finally, XTX Topco Ltd acquired a new position in shares of Rezolve AI in the 4th quarter worth approximately $366,000. Institutional investors and hedge funds 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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