Rezolve AI PLC (NASDAQ:RZLV - Get Free Report)'s share price traded up 5.4% during mid-day trading on Thursday . The stock traded as high as $3.15 and last traded at $3.01. 3,682,957 shares were traded during trading, a decline of 31% from the average session volume of 5,366,781 shares. The stock had previously closed at $2.85.
Wall Street Analysts Forecast Growth
RZLV has been the topic of a number of analyst reports. Roth Mkm reiterated a "buy" rating and issued a $4.00 price target on shares of Rezolve AI in a research report on Wednesday, March 19th. HC Wainwright reaffirmed a "buy" rating and issued a $4.00 target price on shares of Rezolve AI in a research note 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. Based on data from MarketBeat.com, the stock has a consensus rating of "Buy" and a consensus price target of $6.00.
Read Our Latest Stock Report on RZLV
Rezolve AI Stock Up 3.5%
The business has a fifty day moving average price of $2.10 and a 200 day moving average price of $2.27.
Institutional Inflows and Outflows
Several large investors have recently bought and sold shares of RZLV. Polar Asset Management Partners Inc. bought a new stake in shares of Rezolve AI during the 4th quarter worth $4,149,000. Jane Street Group LLC acquired a new position in shares of Rezolve AI in the 4th quarter worth approximately $1,650,000. Blue Owl Capital Holdings LP acquired a new position in Rezolve AI in the fourth quarter valued at $670,000. Geode Capital Management LLC bought a new stake in Rezolve AI during the fourth quarter valued at $393,000. Finally, NewEdge Advisors LLC acquired a new stake in Rezolve AI during the 4th quarter worth about $386,000. 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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