Rezolve AI PLC (NASDAQ:RZLV - Get Free Report) shares were down 4.7% during mid-day trading on Monday . The stock traded as low as $2.96 and last traded at $2.9650. Approximately 14,409,125 shares were traded during trading, a decline of 38% from the average daily volume of 23,414,158 shares. The stock had previously closed at $3.11.
Wall Street Analyst Weigh In
Several analysts have weighed in on RZLV shares. iA Financial set a $14.00 target price on shares of Rezolve AI in a research note on Wednesday, January 14th. Weiss Ratings reaffirmed a "sell (e+)" rating on shares of Rezolve AI in a report on Thursday, January 22nd. Alliance Global Partners reaffirmed a "buy" rating on shares of Rezolve AI in a research report on Wednesday, January 14th. Cantor Fitzgerald reiterated an "overweight" rating and set a $8.00 price objective on shares of Rezolve AI in a research note on Wednesday, January 14th. Finally, HC Wainwright reissued a "buy" rating and issued a $12.00 target price on shares of Rezolve AI in a report on Wednesday, February 11th. Six research analysts have rated the stock with a Buy rating and one has given a Sell rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $11.00.
View Our Latest Analysis on Rezolve AI
Rezolve AI Stock Down 4.7%
The business has a 50 day simple moving average of $2.59 and a 200-day simple moving average of $3.49.
Institutional Trading of Rezolve AI
Several hedge funds have recently bought and sold shares of the company. B. Riley Wealth Advisors Inc. bought a new position in Rezolve AI in the 2nd quarter worth about $31,000. Legal & General Group Plc bought a new position in Rezolve AI in the 2nd quarter worth approximately $31,000. AXQ Capital LP bought a new position in Rezolve AI in the 3rd quarter worth approximately $54,000. California State Teachers Retirement System increased its position in Rezolve AI by 72.3% in the 4th quarter. California State Teachers Retirement System now owns 11,042 shares of the company's stock valued at $28,000 after acquiring an additional 4,633 shares during the period. Finally, Principal Financial Group Inc. bought a new stake in Rezolve AI during the 3rd quarter valued at $56,000. 27.96% of the stock is currently owned by institutional investors.
About Rezolve AI
(
Get Free Report)
Rezolve AI, Inc operates a cloud-based engagement platform that connects physical world touchpoints to digital experiences. Through its proprietary Rezolve platform, the company enables brands and marketers to deploy interactive mobile campaigns triggered by NFC-enabled tags, QR codes, short URLs and other proximity-based technologies. These campaigns facilitate in-the-moment product demonstrations, digital promotions and seamless e-commerce transactions without the need to download a dedicated app.
The company’s platform includes a no-code campaign management portal, real-time analytics dashboard and integration tools for customer relationship management, payment processing and third-party marketing systems.
Featured Articles
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Rezolve AI, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Rezolve AI wasn't on the list.
While Rezolve AI currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Click the link to see MarketBeat's list of seven best retirement stocks and why they should be in your portfolio.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.