Cantor Fitzgerald initiated coverage on shares of Rezolve AI (NASDAQ:RZLV – Free Report) in a research report report published on Thursday, MarketBeat reports. The brokerage issued an overweight rating and a $5.00 target price on the stock.
Rezolve AI Trading Down 7.4 %
Shares of NASDAQ:RZLV opened at $2.12 on Thursday. Rezolve AI has a 52 week low of $1.57 and a 52 week high of $12.29. The firm has a 50 day moving average price of $4.57.
Institutional Investors Weigh In On Rezolve AI
A hedge fund recently bought a new stake 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 Form 13F filing with the SEC. The institutional investor 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 quarter. 27.96% of the stock is currently owned by hedge funds and other institutional investors.
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.
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