Rezolve AI PLC (NASDAQ:RZLV - Get Free Report) was the recipient of unusually large options trading on Tuesday. Traders acquired 5,922 call options on the stock. Thisrepresentsanincreaseof58% compared to the typical volume of 3,742 call options.
Rezolve AI Stock Performance
Shares of RZLV traded down $0.05 on Friday, reaching $4.27. 12,968,588 shares of the stock traded hands, compared to its average volume of 11,398,285. Rezolve AI has a 12 month low of $1.07 and a 12 month high of $10.76. The stock's 50-day moving average price is $3.05 and its 200-day moving average price is $2.28.
Analysts Set New Price Targets
RZLV has been the subject of several analyst reports. Alliance Global Partners initiated coverage on Rezolve AI in a report on Friday, August 1st. They issued a "buy" rating and a $8.50 target price for the company. HC Wainwright reaffirmed a "buy" rating and issued a $4.00 price target on shares of Rezolve AI in a research report on Friday, June 13th. Two investment analysts have rated the stock with a Strong Buy rating and seven have given a Buy rating to the company's stock. According to data from MarketBeat, the stock has a consensus rating of "Buy" and an average price target of $6.36.
Read Our Latest Report on RZLV
Institutional Trading of Rezolve AI
A number of institutional investors and hedge funds have recently modified their holdings of RZLV. Geode Capital Management LLC increased its position in shares of Rezolve AI by 1,100.7% during the second quarter. Geode Capital Management LLC now owns 1,235,467 shares of the company's stock valued at $3,799,000 after purchasing an additional 1,132,569 shares during the period. Polar Asset Management Partners Inc. bought a new stake in shares of Rezolve AI during the fourth quarter valued at approximately $4,149,000. Jane Street Group LLC bought a new stake in shares of Rezolve AI during the fourth quarter valued at approximately $1,650,000. Brown Wealth Management LLC bought a new stake in Rezolve AI in the second quarter valued at $615,000. Finally, Rhumbline Advisers bought a new stake in Rezolve AI in the second quarter valued at $398,000. 27.96% of the stock is currently 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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