Rezolve AI (NASDAQ:RZLV) Rating Increased to Strong-Buy at Roth Capital

Rezolve AI (NASDAQ:RZLV) was upgraded by analysts at Roth Capital to a “strong-buy” rating in a research report issued to clients and investors on Tuesday,Zacks.com reports.

Several other brokerages have also recently issued reports on RZLV. Cantor Fitzgerald began coverage on shares of Rezolve AI in a research report on Thursday, December 5th. They set an “overweight” rating and a $5.00 price target on the stock. Roth Mkm initiated coverage on Rezolve AI in a research report on Tuesday. They set a “buy” rating and a $4.00 price objective on the stock.

Rezolve AI Stock Down 1.0 %

Shares of NASDAQ RZLV opened at $1.93 on Tuesday. The company has a fifty day moving average price of $4.27. Rezolve AI has a twelve month low of $1.57 and a twelve month high of $12.29.

Hedge Funds 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 position in shares of Rezolve AI Limited (NASDAQ:RZLV) in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund 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 owned by institutional investors and hedge funds.

Rezolve AI Company Profile

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.