Rezolve AI PLC (NASDAQ:RZLV - Get Free Report) was the target of unusually large options trading activity on Friday. Traders purchased 3,948 call options on the stock. This represents an increase of approximately 330% compared to the average volume of 918 call options.
Rezolve AI Stock Performance
NASDAQ RZLV traded up $0.34 on Monday, reaching $3.08. The company had a trading volume of 15,933,356 shares, compared to its average volume of 5,595,286. Rezolve AI has a fifty-two week low of $1.07 and a fifty-two week high of $12.29. The business has a 50 day moving average of $2.13 and a two-hundred day moving average of $2.28.
Wall Street Analysts Forecast Growth
A number of brokerages have weighed in on RZLV. Roth Mkm reaffirmed a "buy" rating and issued a $4.00 target price on shares of Rezolve AI in a report on Wednesday, March 19th. HC Wainwright reissued a "buy" rating and set a $4.00 target price on shares of Rezolve AI in a research note on Friday, June 13th. Six analysts have rated the stock with a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat, Rezolve AI has a consensus rating of "Buy" and an average price target of $6.00.
Read Our Latest Report on Rezolve AI
Institutional Investors Weigh In On Rezolve AI
Several institutional investors and hedge funds have recently made changes to their positions in the stock. Polar Asset Management Partners Inc. bought a new stake in Rezolve AI in the fourth quarter valued at approximately $4,149,000. Jane Street Group LLC acquired a new position in Rezolve AI in the fourth quarter valued at approximately $1,650,000. Blue Owl Capital Holdings LP acquired a new stake in shares of Rezolve AI during the 4th quarter worth approximately $670,000. Geode Capital Management LLC bought a new stake in shares of Rezolve AI in the 4th quarter valued at $393,000. Finally, NewEdge Advisors LLC bought a new stake in shares of Rezolve AI in the 4th quarter valued at $386,000. Institutional investors and hedge funds own 27.96% of the company's stock.
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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