Rezolve AI (NASDAQ:RZLV) Stock Rating Upgraded by Wall Street Zen

Rezolve AI (NASDAQ:RZLV) was upgraded by equities research analysts at Wall Street Zen from a “sell” rating to a “hold” rating in a note issued to investors on Saturday.

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

Rezolve AI Stock Performance

NASDAQ:RZLV opened at $2.73 on Friday. The stock’s fifty day moving average is $2.56 and its 200 day moving average is $2.61. Rezolve AI has a fifty-two week low of $2.05 and a fifty-two week high of $8.45. The company has a debt-to-equity ratio of 0.21, a quick ratio of 0.67 and a current ratio of 0.67.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of RZLV. Alyeska Investment Group L.P. purchased a new stake in shares of Rezolve AI in the third quarter worth approximately $120,880,000. State Street Corp boosted its holdings in Rezolve AI by 15.2% during the 4th quarter. State Street Corp now owns 2,534,611 shares of the company’s stock valued at $6,514,000 after acquiring an additional 333,790 shares during the period. Geode Capital Management LLC boosted its holdings in Rezolve AI by 21.0% during the 4th quarter. Geode Capital Management LLC now owns 2,386,363 shares of the company’s stock valued at $6,133,000 after acquiring an additional 413,539 shares during the period. Weiss Asset Management LP bought a new position in Rezolve AI in the 1st quarter valued at $5,120,000. Finally, Jump Financial LLC bought a new position in Rezolve AI in the 4th quarter valued at $4,506,000. Institutional investors own 27.96% of the company’s stock.

About Rezolve AI

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.