Rezolve AI PLC (NASDAQ:RZLV - Get Free Report)'s stock price gapped up before the market opened on Tuesday . The stock had previously closed at $2.04, but opened at $2.26. Rezolve AI shares last traded at $2.74, with a volume of 23,762,653 shares changing hands.
Analyst Upgrades and Downgrades
Several analysts have issued reports on the stock. Roth Mkm reissued a "buy" rating and issued 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 set a $4.00 price target on shares of Rezolve AI in a research note on Friday, June 13th. Six equities research analysts have rated the stock with a buy rating and two have given a strong buy rating to the company's stock. According to MarketBeat.com, the stock currently has an average rating of "Buy" and a consensus target price of $6.00.
View Our Latest Report on Rezolve AI
Rezolve AI Trading Down 7.4%
The stock has a 50-day simple moving average of $2.10 and a two-hundred day simple moving average of $2.27.
Institutional Trading of Rezolve AI
A number of hedge funds have recently added to or reduced their stakes in RZLV. SBI Securities Co. Ltd. bought a new stake in shares of Rezolve AI in the 4th quarter valued at about $38,000. Periscope Capital Inc. purchased a new position in shares of Rezolve AI in the 4th quarter valued at $268,000. WINTON GROUP Ltd bought a new position in Rezolve AI in the fourth quarter worth about $279,000. Highbridge Capital Management LLC bought a new stake in shares of Rezolve AI in the 4th quarter valued at about $286,000. Finally, Geode Capital Management LLC purchased a new position in shares of Rezolve AI in the 4th quarter worth approximately $393,000. 27.96% of the stock is owned by hedge funds and other institutional investors.
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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