Rezolve AI PLC (NASDAQ:RZLV - Get Free Report) shares gapped up before the market opened on Monday . The stock had previously closed at $2.74, but opened at $2.94. Rezolve AI shares last traded at $3.02, with a volume of 3,807,266 shares traded.
Wall Street Analysts Forecast Growth
Several research firms recently weighed in on RZLV. Roth Mkm reissued a "buy" rating and set a $4.00 price objective on shares of Rezolve AI in a research note on Wednesday, March 19th. HC Wainwright reissued a "buy" rating and issued a $4.00 price target on shares of Rezolve AI in a report on Friday, June 13th. Six investment analysts have rated the stock with a buy rating and two have issued a strong buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of "Buy" and an average price target of $6.00.
Get Our Latest Analysis on Rezolve AI
Rezolve AI Trading Up 2.7%
The firm has a 50-day moving average of $2.24 and a 200 day moving average of $2.30.
Institutional Trading of Rezolve AI
Several institutional investors and hedge funds have recently bought and sold shares of RZLV. Polar Asset Management Partners Inc. bought a new position in shares of Rezolve AI in the fourth quarter valued at about $4,149,000. Jane Street Group LLC bought a new position in Rezolve AI in the 4th quarter valued at about $1,650,000. Blue Owl Capital Holdings LP acquired a new stake in Rezolve AI during the fourth quarter worth approximately $670,000. Geode Capital Management LLC acquired a new position in shares of Rezolve AI in the fourth quarter valued at approximately $393,000. Finally, NewEdge Advisors LLC bought a new position in shares of Rezolve AI during the fourth quarter worth approximately $386,000. 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.
Further Reading
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