Rezolve AI PLC (NASDAQ:RZLV - Get Free Report)'s stock price traded up 8.2% on Wednesday . The stock traded as high as $3.60 and last traded at $3.24. 17,344,880 shares were traded during trading, an increase of 197% from the average session volume of 5,832,233 shares. The stock had previously closed at $2.99.
Analyst Upgrades and Downgrades
Separately, HC Wainwright reissued a "buy" rating and issued a $4.00 target price on shares of Rezolve AI in a research report on Friday, June 13th. Six investment 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, Rezolve AI currently has a consensus rating of "Buy" and a consensus target price of $6.00.
Check Out Our Latest Stock Analysis on Rezolve AI
Rezolve AI Price Performance
The company has a 50-day simple moving average of $2.41 and a 200 day simple moving average of $2.18.
Institutional Investors Weigh In On Rezolve AI
Hedge funds have recently made changes to their positions in the company. Geode Capital Management LLC purchased a new stake in shares of Rezolve AI during the 4th quarter worth $393,000. Polar Asset Management Partners Inc. purchased a new stake in shares of Rezolve AI during the 4th quarter worth $4,149,000. Blue Owl Capital Holdings LP purchased a new stake in shares of Rezolve AI during the 4th quarter worth $670,000. Jane Street Group LLC purchased a new stake in shares of Rezolve AI during the 4th quarter worth $1,650,000. Finally, Summit Trail Advisors LLC purchased a new stake in Rezolve AI in the first quarter valued at about $40,000. 27.96% of the stock is currently owned by hedge funds and other 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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