Shares of Rezolve AI PLC (NASDAQ:RZLV - Get Free Report) 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.
Wall Street Analyst Weigh In
Separately, HC Wainwright reaffirmed a "buy" rating and issued a $4.00 target price on shares of Rezolve AI in a research 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 company. According to MarketBeat.com, the stock presently has a consensus rating of "Buy" and a consensus target price of $6.00.
Read Our Latest Analysis on RZLV
Rezolve AI Stock Performance
The firm has a 50 day moving average price of $2.41 and a 200-day moving average price of $2.18.
Institutional Trading of Rezolve AI
Several large investors have recently made changes to their positions in RZLV. WINTON GROUP Ltd bought a new stake in shares of Rezolve AI in the 4th quarter worth approximately $279,000. Geode Capital Management LLC bought a new position in Rezolve AI in the 4th quarter valued at $393,000. RPO LLC bought a new position in Rezolve AI in the 4th quarter valued at $108,000. XTX Topco Ltd acquired a new stake in shares of Rezolve AI in the 4th quarter valued at $366,000. Finally, NewEdge Advisors LLC acquired a new stake in shares of Rezolve AI in the 4th quarter valued at $386,000. Institutional investors own 27.96% of the company's stock.
About Rezolve AI
(
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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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