Rezolve AI PLC (NASDAQ:RZLV - Get Free Report) gapped down before the market opened on Tuesday . The stock had previously closed at $3.08, but opened at $2.96. Rezolve AI shares last traded at $2.89, with a volume of 2,661,422 shares.
Analyst Upgrades and Downgrades
RZLV has been the subject of a number of analyst reports. HC Wainwright reiterated a "buy" rating and set a $4.00 target price on shares of Rezolve AI in a research note on Friday, June 13th. Roth Mkm reissued a "buy" rating and issued a $4.00 target price on shares of Rezolve AI in a report on Wednesday, March 19th. Six analysts have rated the stock with a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat, the stock has an average rating of "Buy" and an average target price of $6.00.
View Our Latest Stock Analysis on RZLV
Rezolve AI Trading Down 5.7%
The firm's 50 day moving average price is $2.17 and its two-hundred day moving average price is $2.29.
Institutional Trading of Rezolve AI
A number of hedge funds have recently added to or reduced their stakes in RZLV. Wolverine Asset Management LLC increased its stake in 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 buying an additional 8,219 shares during the period. FNY Investment Advisers LLC purchased a new stake in shares of Rezolve AI during the 1st quarter worth approximately $30,000. SBI Securities Co. Ltd. boosted its position in Rezolve AI by 192.5% during the first quarter. SBI Securities Co. Ltd. now owns 28,883 shares of the company's stock worth $35,000 after purchasing an additional 19,010 shares in the last quarter. Summit Trail Advisors LLC acquired a new stake in Rezolve AI in the 1st quarter valued at about $40,000. Finally, Virtu Financial LLC acquired a new position in Rezolve AI during the first quarter worth about $44,000. 27.96% of the stock is owned by institutional investors and hedge funds.
About Rezolve AI
(
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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