Rezolve AI (NASDAQ:RZLV) Upgraded at Roth Capital

Roth Capital upgraded shares of Rezolve AI (NASDAQ:RZLV) to a strong-buy rating in a research note published on Tuesday,Zacks.com reports.

Other equities analysts have also recently issued reports about the stock. Roth Mkm assumed coverage on shares of Rezolve AI in a research report on Tuesday. They set a “buy” rating and a $4.00 price objective for the company. Cantor Fitzgerald began coverage on shares of Rezolve AI in a report on Thursday, December 5th. They set an “overweight” rating and a $5.00 target price for the company.

Rezolve AI Price Performance

Rezolve AI stock opened at $2.07 on Tuesday. The stock’s 50-day simple moving average is $4.08. Rezolve AI has a 52 week low of $1.57 and a 52 week high of $12.29.

Institutional Investors Weigh In On Rezolve AI

A hedge fund recently bought a new stake in Rezolve AI stock. K2 Principal Fund L.P. bought a new position in shares of Rezolve AI Limited (NASDAQ:RZLV) during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 131,250 shares of the company’s stock, valued at approximately $881,000. K2 Principal Fund L.P. owned approximately 0.08% of Rezolve AI as of its most recent filing with the SEC. Institutional investors own 27.96% of the company’s stock.

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.