Rezolve AI (NASDAQ:RZLV) Upgraded at Wall Street Zen

Wall Street Zen upgraded shares of Rezolve AI (NASDAQ:RZLV) from a sell rating to a hold rating in a research report sent to investors on Saturday morning.

Separately, Weiss Ratings upgraded Rezolve AI from a “sell (e+)” rating to a “sell (d-)” rating in a report on Friday, July 31st. Six research analysts have rated the stock with a Buy rating and one has issued a Sell rating to the stock. According to data from MarketBeat, Rezolve AI presently has an average rating of “Moderate Buy” and a consensus target price of $11.42.

Rezolve AI Stock Performance

RZLV opened at $2.75 on Friday. The business’s 50-day moving average price is $2.56 and its two-hundred day moving average price is $2.61. Rezolve AI has a 1 year low of $2.05 and a 1 year high of $8.45. The company has a debt-to-equity ratio of 0.21, a current ratio of 0.67 and a quick ratio of 0.67.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the business. Alyeska Investment Group L.P. bought a new stake in Rezolve AI during the 3rd quarter worth about $120,880,000. Weiss Asset Management LP bought a new position in shares of Rezolve AI in the 1st quarter valued at about $5,120,000. Jump Financial LLC bought a new position in shares of Rezolve AI in the 4th quarter valued at about $4,506,000. Geode Capital Management LLC increased its position in shares of Rezolve AI by 1,100.7% in the second quarter. Geode Capital Management LLC now owns 1,235,467 shares of the company’s stock valued at $3,799,000 after acquiring an additional 1,132,569 shares during the last quarter. Finally, BNP Paribas Financial Markets increased its position in shares of Rezolve AI by 13,595.5% in the third quarter. BNP Paribas Financial Markets now owns 1,054,552 shares of the company’s stock valued at $5,252,000 after acquiring an additional 1,046,852 shares during the last quarter. 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.