Rezolve AI (NASDAQ:RZLV) Upgraded by Northland Capmk to “Strong-Buy” Rating

Rezolve AI (NASDAQ:RZLV) was upgraded by equities researchers at Northland Capmk to a “strong-buy” rating in a research note issued to investors on Tuesday,Zacks.com reports.

A number of other research firms also recently weighed in on RZLV. Roth Capital upgraded Rezolve AI to a “strong-buy” rating in a research note on Tuesday, December 10th. Northland Securities began coverage on Rezolve AI in a report on Wednesday. They set an “outperform” rating and a $5.00 price objective on the stock. Cantor Fitzgerald initiated coverage on Rezolve AI in a research report on Thursday, December 5th. They issued an “overweight” rating and a $5.00 target price on the stock. Finally, Roth Mkm assumed coverage on shares of Rezolve AI in a research note on Tuesday, December 10th. They issued a “buy” rating and a $4.00 target price on the stock. Three analysts have rated the stock with a buy rating and two have assigned a strong buy rating to the company. According to MarketBeat, Rezolve AI presently has an average rating of “Buy” and a consensus target price of $4.67.

Rezolve AI Price Performance

NASDAQ RZLV traded down $0.23 during trading on Tuesday, hitting $3.52. The stock had a trading volume of 4,309,250 shares, compared to its average volume of 3,191,475. The business’s 50 day moving average is $3.81. Rezolve AI has a twelve month low of $1.57 and a twelve month high of $12.29.

Institutional Trading of Rezolve AI

An institutional investor recently bought a new position in Rezolve AI stock. K2 Principal Fund L.P. purchased a new position in shares of Rezolve AI Limited (NASDAQ:RZLV) during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 131,250 shares of the company’s stock, valued at approximately $881,000. K2 Principal Fund L.P. owned 0.08% of Rezolve AI at the end of the most recent reporting period. 27.96% of the stock is owned by institutional investors and hedge funds.

About Rezolve AI

Rezolve Limited develops and offers a retail and engagement technology solution that acts as an instant transaction tool for mobile devices. Its tool allows users to discover and purchase goods and services, provide personal details in response to advertising, pay a bill, make a charitable donation, and more through a mobile device.