Rezolve AI PLC (NASDAQ:RZLV) Given Consensus Recommendation of “Moderate Buy” by Analysts

Rezolve AI PLC (NASDAQ:RZLV) has been given an average rating of “Moderate Buy” by the seven brokerages that are presently covering the stock, MarketBeat.com reports. One equities research analyst has rated the stock with a sell recommendation and six have assigned a buy recommendation to the company. The average 12 month target price among analysts that have updated their coverage on the stock in the last year is $11.00.

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of Rezolve AI in a report on Friday, July 17th.

Institutional Investors Weigh In On Rezolve AI

Several large investors have recently added to or reduced their stakes in RZLV. Alyeska Investment Group L.P. purchased a new position in Rezolve AI in the 3rd quarter valued at approximately $120,880,000. State Street Corp lifted its holdings in shares of Rezolve AI by 15.2% during the 4th quarter. State Street Corp now owns 2,534,611 shares of the company’s stock worth $6,514,000 after acquiring an additional 333,790 shares during the last quarter. Geode Capital Management LLC boosted its holdings in shares of Rezolve AI by 21.0% in the 4th quarter. Geode Capital Management LLC now owns 2,386,363 shares of the company’s stock worth $6,133,000 after purchasing an additional 413,539 shares in the last quarter. Weiss Asset Management LP purchased a new position in shares of Rezolve AI during the 1st quarter valued at about $5,120,000. Finally, Jump Financial LLC bought a new stake in shares of Rezolve AI in the 4th quarter worth approximately $4,506,000. Hedge funds and other institutional investors own 27.96% of the company’s stock.

Rezolve AI Stock Down 2.6%

RZLV opened at $2.24 on Friday. Rezolve AI has a fifty-two week low of $2.05 and a fifty-two week high of $8.45. The company’s 50-day moving average is $2.59 and its 200 day moving average is $2.71. The company has a debt-to-equity ratio of 0.21, a current ratio of 0.67 and a quick ratio of 0.67.

About Rezolve AI

Rezolve AI, Inc operates a cloud-based engagement platform that connects physical world touchpoints to digital experiences. Through its proprietary Rezolve platform, the company enables brands and marketers to deploy interactive mobile campaigns triggered by NFC-enabled tags, QR codes, short URLs and other proximity-based technologies. These campaigns facilitate in-the-moment product demonstrations, digital promotions and seamless e-commerce transactions without the need to download a dedicated app.

The company’s platform includes a no-code campaign management portal, real-time analytics dashboard and integration tools for customer relationship management, payment processing and third-party marketing systems.