Rezolve AI PLC (NASDAQ:RZLV) Given Consensus Recommendation of “Moderate Buy” by Brokerages

Rezolve AI PLC (NASDAQ:RZLV) has received an average recommendation of “Moderate Buy” from the seven research firms that are currently covering the company, MarketBeat reports. One analyst has rated the stock with a sell recommendation and six have issued a buy recommendation on the company. The average 1-year price objective among brokerages that have covered the stock in the last year is $11.4167.

Several research firms recently weighed in on RZLV. Weiss Ratings upgraded Rezolve AI from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Friday, July 31st. Wall Street Zen upgraded shares of Rezolve AI from a “sell” rating to a “hold” rating in a research note on Saturday.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the stock. NewEdge Advisors LLC raised its stake in Rezolve AI by 687.8% during the 1st quarter. NewEdge Advisors LLC now owns 23,633 shares of the company’s stock worth $60,000 after acquiring an additional 20,633 shares in the last quarter. Bank of America Corp DE boosted its stake in Rezolve AI by 48.1% in the first quarter. Bank of America Corp DE now owns 210,818 shares of the company’s stock valued at $540,000 after acquiring an additional 68,441 shares in the last quarter. Janus Henderson Group PLC acquired a new position in Rezolve AI in the first quarter valued at $2,631,000. Royal Bank of Canada grew its holdings in shares of Rezolve AI by 90.5% during the first quarter. Royal Bank of Canada now owns 13,778 shares of the company’s stock worth $37,000 after purchasing an additional 6,546 shares during the last quarter. Finally, The Manufacturers Life Insurance Company grew its holdings in shares of Rezolve AI by 10.0% during the first quarter. The Manufacturers Life Insurance Company now owns 55,694 shares of the company’s stock worth $143,000 after purchasing an additional 5,077 shares during the last quarter. 27.96% of the stock is owned by hedge funds and other institutional investors.

Rezolve AI Stock Performance

RZLV opened at $2.78 on Wednesday. Rezolve AI has a one year low of $2.05 and a one year high of $8.45. The company has a current ratio of 0.67, a quick ratio of 0.67 and a debt-to-equity ratio of 0.21. The business’s 50-day simple moving average is $2.56 and its 200-day simple moving average is $2.60.

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.