Rezolve AI Limited (NASDAQ:RZLV – Get Free Report) shares were up 2% on Friday . The company traded as high as $3.15 and last traded at $3.03. Approximately 3,404,619 shares changed hands during mid-day trading, a decline of 67% from the average daily volume of 10,444,203 shares. The stock had previously closed at $2.97.
Analyst Ratings Changes
A number of equities analysts recently commented on the stock. Northland Securities started coverage on shares of Rezolve AI in a research note on Wednesday, December 18th. They set an “outperform” rating and a $5.00 target price for the company. Roth Mkm initiated coverage on Rezolve AI in a research report on Tuesday, December 10th. They set a “buy” rating and a $4.00 target price on the stock. Northland Capmk upgraded shares of Rezolve AI to a “strong-buy” rating in a research note on Tuesday, December 17th. D. Boral Capital restated a “buy” rating and set a $8.00 price objective on shares of Rezolve AI in a research report on Friday, December 20th. Finally, Cantor Fitzgerald assumed coverage on shares of Rezolve AI in a research report on Thursday, December 5th. They issued an “overweight” rating and a $5.00 target price on the stock. Four analysts have rated the stock with a buy rating and two have assigned a strong buy rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Buy” and a consensus target price of $5.50.
View Our Latest Analysis on RZLV
Rezolve AI Price Performance
Institutional Investors Weigh In On Rezolve AI
An institutional investor recently bought a new position in Rezolve AI stock. K2 Principal Fund L.P. acquired a new stake in Rezolve AI Limited (NASDAQ:RZLV – Free Report) during the third quarter, according to its most recent filing with the SEC. The firm acquired 131,250 shares of the company’s stock, valued at approximately $881,000. K2 Principal Fund L.P. owned about 0.08% of Rezolve AI at the end of the most recent reporting period. Institutional investors own 27.96% of the company’s stock.
About Rezolve AI
Rezolve Ai Ltd. 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.
See Also
- Five stocks we like better than Rezolve AI
- P/E Ratio Calculation: How to Assess Stocks
- Driving Forward: Lucid’s Growing Sales and Gravity SUV’s Impact
- What is Short Interest? How to Use It
- Why Amazon’s Next Earnings Could Trigger a Stock Breakout
- 3 Ways To Invest In Coffee, Other Than Drinking It
- With This Kind of Data, The Fed Isn’t Cutting Rates This Year
Receive News & Ratings for Rezolve AI Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Rezolve AI and related companies with MarketBeat.com's FREE daily email newsletter.
