Rezolve AI PLC (NASDAQ:RZLV - Get Free Report)'s stock price gapped up before the market opened on Thursday . The stock had previously closed at $2.65, but opened at $2.90. Rezolve AI shares last traded at $2.85, with a volume of 5,497,174 shares trading hands.
Analysts Set New Price Targets
Separately, HC Wainwright reiterated a "buy" rating and set 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 given a strong buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of "Buy" and an average target price of $6.00.
Check Out Our Latest Stock Analysis on RZLV
Rezolve AI Trading Down 1.7%
The business has a fifty day moving average price of $2.34 and a two-hundred day moving average price of $2.20.
Hedge Funds Weigh In On Rezolve AI
Several hedge funds and other institutional investors have recently made changes to their positions in the stock. WINTON GROUP Ltd acquired a new position in Rezolve AI during the fourth quarter worth approximately $279,000. Highbridge Capital Management LLC acquired a new position in Rezolve AI during the fourth quarter worth approximately $286,000. Geode Capital Management LLC acquired a new position in Rezolve AI during the fourth quarter worth approximately $393,000. RPO LLC acquired a new position in shares of Rezolve AI in the fourth quarter valued at approximately $108,000. Finally, XTX Topco Ltd acquired a new position in shares of Rezolve AI in the fourth quarter valued at approximately $366,000. Hedge funds and other 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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