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

Rezolve AI PLC (NASDAQ:RZLV) has earned an average rating of “Moderate Buy” from the seven ratings firms that are currently covering the stock, Marketbeat reports. One equities research analyst has rated the stock with a sell rating and six have assigned a buy rating to the company. The average twelve-month price target among brokers that have updated their coverage on the stock in the last year is $11.4167.

A number of equities research analysts have issued reports on RZLV shares. Weiss Ratings raised Rezolve AI from a “sell (e+)” rating to a “sell (d-)” rating in a research report on Friday, July 31st. Wall Street Zen raised Rezolve AI from a “sell” rating to a “hold” rating in a research report on Saturday.

Rezolve AI Price Performance

NASDAQ:RZLV opened at $2.78 on Wednesday. Rezolve AI has a 12-month low of $2.05 and a 12-month high of $8.45. The company has a current ratio of 0.67, a quick ratio of 0.67 and a debt-to-equity ratio of 0.21. The stock has a fifty day moving average price of $2.56 and a 200 day moving average price of $2.60.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the company. California State Teachers Retirement System increased its position in shares of Rezolve AI by 72.3% in the 4th quarter. California State Teachers Retirement System now owns 11,042 shares of the company’s stock valued at $28,000 after purchasing an additional 4,633 shares during the last quarter. EverSource Wealth Advisors LLC lifted its position in shares of Rezolve AI by 305.5% during the 4th quarter. EverSource Wealth Advisors LLC now owns 11,278 shares of the company’s stock worth $29,000 after purchasing an additional 8,497 shares during the last quarter. Simplicity Wealth LLC purchased a new stake in shares of Rezolve AI during the 4th quarter worth $30,000. B. Riley Wealth Advisors Inc. acquired a new position in shares of Rezolve AI during the second quarter worth $31,000. Finally, Legal & General Group Plc acquired a new position in shares of Rezolve AI during the second quarter worth $31,000. Hedge funds and other institutional investors own 27.96% of the company’s stock.

Rezolve AI Company Profile

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.