Rezolve AI (NASDAQ:RZLV) Shares Gap Down – What’s Next?

Rezolve AI Limited (NASDAQ:RZLV) gapped down before the market opened on Thursday . The stock had previously closed at $3.16, but opened at $3.00. Rezolve AI shares last traded at $3.01, with a volume of 2,609,331 shares changing hands.

Analyst Ratings Changes

A number of research analysts have recently issued reports on the stock. D. Boral Capital reiterated a “buy” rating and set a $8.00 price objective on shares of Rezolve AI in a report on Friday, December 20th. Cantor Fitzgerald assumed coverage on shares of Rezolve AI in a report on Thursday, December 5th. They set an “overweight” rating and a $5.00 price objective for the company. Maxim Group assumed coverage on shares of Rezolve AI in a report on Thursday, January 16th. They set a “buy” rating and a $10.00 price objective for the company. Roth Mkm assumed coverage on shares of Rezolve AI in a report on Tuesday, December 10th. They set a “buy” rating and a $4.00 price objective for the company. Finally, Roth Capital upgraded shares of Rezolve AI to a “strong-buy” rating in a report on Tuesday, December 10th. Five equities research analysts have rated the stock with a buy rating and two have given a strong buy rating to the company. According to MarketBeat, the stock has an average rating of “Buy” and a consensus price target of $6.40.

Rezolve AI Stock Performance

The business has a fifty day moving average price of $2.86.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Rezolve AI stock. K2 Principal Fund L.P. bought a new stake in Rezolve AI Limited (NASDAQ:RZLV) during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 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 as of its most recent SEC filing. 27.96% of the stock is owned by institutional investors.

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.