Rezolve AI PLC (NASDAQ:RZLV - Get Free Report) saw unusually large options trading on Wednesday. Traders bought 37,764 call options on the company. This represents an increase of 377% compared to the average volume of 7,919 call options.
Institutional Trading of Rezolve AI
A number of institutional investors have recently made changes to their positions in RZLV. Two Sigma Investments LP acquired a new stake in shares of Rezolve AI in the 4th quarter worth $110,000. Polar Asset Management Partners Inc. purchased a new position in Rezolve AI in the 4th quarter worth $4,149,000. B. Riley Wealth Advisors Inc. purchased a new position in shares of Rezolve AI during the 4th quarter valued at about $88,000. FNY Investment Advisers LLC purchased a new position in shares of Rezolve AI during the 1st quarter valued at about $30,000. Finally, Summit Trail Advisors LLC purchased a new position in shares of Rezolve AI during the 1st quarter valued at about $40,000. Institutional investors and hedge funds own 27.96% of the company's stock.
Analyst Upgrades and Downgrades
A number of equities research analysts recently commented on the company. Roth Capital reiterated a "buy" rating and issued a $9.00 target price (up from $4.25) on shares of Rezolve AI in a research report on Monday. HC Wainwright upped their price objective on Rezolve AI from $4.00 to $9.00 and gave the company a "buy" rating in a research report on Monday. Finally, Alliance Global Partners began coverage on Rezolve AI in a research report on Friday, August 1st. They set a "buy" rating and a $8.50 price objective on the stock. One analyst has rated the stock with a Strong Buy rating and eight have assigned a Buy rating to the company's stock. According to data from MarketBeat.com, the stock presently has an average rating of "Buy" and a consensus price target of $7.31.
Get Our Latest Research Report on Rezolve AI
Rezolve AI Stock Down 0.5%
NASDAQ:RZLV traded down $0.03 during midday trading on Friday, hitting $6.86. The stock had a trading volume of 3,101,984 shares, compared to its average volume of 8,493,535. Rezolve AI has a one year low of $1.07 and a one year high of $9.45. The stock has a 50-day moving average of $3.74 and a 200 day moving average of $2.55.
Rezolve AI Company Profile
(
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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.
Further Reading
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