Rezolve AI PLC (NASDAQ:RZLV - Get Free Report)'s stock price gapped up prior to trading on Wednesday . The stock had previously closed at $2.99, but opened at $3.17. Rezolve AI shares last traded at $3.26, with a volume of 10,890,083 shares.
Analyst Upgrades and Downgrades
Separately, HC Wainwright reaffirmed a "buy" rating and set a $4.00 price objective on shares of Rezolve AI in a report on Friday, June 13th. Six research analysts have rated the stock with a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat.com, Rezolve AI presently has an average rating of "Buy" and a consensus target price of $6.00.
Read Our Latest Stock Analysis on RZLV
Rezolve AI Stock Performance
The company's 50 day moving average price is $2.40 and its 200 day moving average price is $2.19.
Hedge Funds Weigh In On Rezolve AI
Hedge funds and other institutional investors have recently bought and sold shares of the business. Wolverine Asset Management LLC boosted its stake in Rezolve AI by 62.1% in the first quarter. Wolverine Asset Management LLC now owns 21,453 shares of the company's stock valued at $26,000 after acquiring an additional 8,219 shares during the last quarter. B. Riley Wealth Advisors Inc. bought a new stake in Rezolve AI in the 4th quarter valued at $88,000. Retireful LLC bought a new stake in Rezolve AI in the 2nd quarter valued at $75,000. FNY Investment Advisers LLC bought a new stake in Rezolve AI in the 1st quarter valued at $30,000. Finally, RPO LLC bought a new stake in Rezolve AI in the 4th quarter valued at $108,000. 27.96% of the stock is owned by institutional investors.
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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