Rezolve AI PLC (NASDAQ:RZLV - Get Free Report)'s stock price gapped down prior to trading 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 traded.
Analyst Upgrades and Downgrades
A number of brokerages have recently commented on RZLV. Roth Mkm reissued a "buy" rating and set a $4.00 price target on shares of Rezolve AI in a report on Wednesday, March 19th. HC Wainwright reiterated a "buy" rating and issued a $4.00 target price on shares of Rezolve AI in a research report on Friday, June 13th. Six analysts have rated the stock with a buy rating and two have issued a strong buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of "Buy" and an average price target of $6.00.
Read Our Latest Stock Report on RZLV
Rezolve AI Stock Up 2.7%
The company has a fifty day moving average price of $2.24 and a two-hundred day moving average price of $2.30.
Hedge Funds Weigh In On Rezolve AI
Several large investors have recently made changes to their positions in RZLV. Wolverine Asset Management LLC raised its holdings 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 worth $26,000 after purchasing an additional 8,219 shares in the last quarter. FNY Investment Advisers LLC acquired a new position in Rezolve AI in the first quarter worth approximately $30,000. SBI Securities Co. Ltd. grew its position in Rezolve AI by 192.5% in the first quarter. SBI Securities Co. Ltd. now owns 28,883 shares of the company's stock worth $35,000 after buying an additional 19,010 shares during the last quarter. Summit Trail Advisors LLC bought a new position in shares of Rezolve AI in the first quarter valued at $40,000. Finally, Virtu Financial LLC acquired a new stake in shares of Rezolve AI during the 1st quarter valued at $44,000. Institutional investors own 27.96% of the company's stock.
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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