Rezolve AI (NASDAQ:RZLV) Downgraded by Wall Street Zen to “Sell”

Wall Street Zen lowered shares of Rezolve AI (NASDAQ:RZLV – Free Report) from a hold rating to a sell rating in a report published on Saturday.

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

Get Rezolve AI alerts:

Read Our Latest Research Report on RZLV

Rezolve AI Stock Performance

Shares of NASDAQ:RZLV opened at $2.46 on Friday. The firm has a fifty day moving average price of $2.58 and a 200 day moving average price of $2.58. The company has a current ratio of 0.67, a quick ratio of 0.67 and a debt-to-equity ratio of 0.21. Rezolve AI has a 1-year low of $2.05 and a 1-year high of $8.45.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in the company. Sei Investments Co. lifted its position in Rezolve AI by 28.2% in the first quarter. Sei Investments Co. now owns 17,781 shares of the company’s stock valued at $46,000 after purchasing an additional 3,912 shares during the period. Diversified Trust Co increased its position in Rezolve AI by 26.0% during the 1st quarter. Diversified Trust Co now owns 19,148 shares of the company’s stock worth $49,000 after purchasing an additional 3,946 shares during the period. California State Teachers Retirement System increased its position in Rezolve AI by 72.3% during the 4th quarter. California State Teachers Retirement System now owns 11,042 shares of the company’s stock worth $28,000 after purchasing an additional 4,633 shares during the period. The Manufacturers Life Insurance Company raised its stake in shares of Rezolve AI by 10.0% during the 1st quarter. The Manufacturers Life Insurance Company now owns 55,694 shares of the company’s stock worth $143,000 after buying an additional 5,077 shares in the last quarter. Finally, The Manufacturers Life Insurance Company lifted its holdings in shares of Rezolve AI by 11.4% in the 4th quarter. The Manufacturers Life Insurance Company now owns 50,617 shares of the company’s stock valued at $130,000 after buying an additional 5,197 shares during the period. 27.96% of the stock is owned by hedge funds and other institutional investors.

Rezolve AI Company Profile

(Get Free Report)

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.

Read More

• Five stocks we like better than Rezolve AI
• 2 Biotech Stocks Shaping Up for Major Breakouts
• 3 Stocks Came Roaring Back—Now They’re Flashing Warning Signs
• 3 Beaten-Down Stocks That Haven’t Gotten the Message About the S&P 500’s Record Run
• Darden Restaurants Just Hit a 52-Week High–Is the Olive Garden Comeback Story Legit?

Receive News & Ratings for Rezolve AI Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Rezolve AI and related companies with MarketBeat.com's FREE daily email newsletter.