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The price of Rezolute Inc (NASDAQ: RZLT) closed at $5.36 in the last session, up 1.32% from day before closing price of $5.29. In other words, the price has increased by $1.32 from its previous closing price. On the day, 0.74 million shares were traded. RZLT stock price reached its highest trading level at $5.54 during the session, while it also had its lowest trading level at $5.08.
Ratios:
We take a closer look at RZLT’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 13.39 and its Current Ratio is at 13.39. In the meantime, Its Debt-to-Equity ratio is 0.02 whereas as Long-Term Debt/Eq ratio is at 0.01.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Guggenheim on August 27, 2024, initiated with a Buy rating and assigned the stock a target price of $11.
On July 17, 2024, BTIG Research started tracking the stock assigning a Buy rating and target price of $13.
On June 04, 2024, Craig Hallum started tracking the stock assigning a Buy rating and target price of $14.Craig Hallum initiated its Buy rating on June 04, 2024, with a $14 target price.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Sep 24 ’24 when Hogenhuis Wladimir bought 4,259 shares for $4.70 per share. The transaction valued at 20,017 led to the insider holds 41,767 shares of the business.
Hogenhuis Wladimir bought 4,815 shares of RZLT for $19,982 on Jun 25 ’24. The Director now owns 37,508 shares after completing the transaction at $4.15 per share. On Jun 14 ’24, another insider, ROBERTS BRIAN KENNETH, who serves as the Chief Medical Officer of the company, bought 4,300 shares for $3.91 each. As a result, the insider paid 16,828 and bolstered with 54,352 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, RZLT now has a Market Capitalization of 296782144 and an Enterprise Value of 137473392.
Stock Price History:
Over the past 52 weeks, RZLT has reached a high of $6.10, while it has fallen to a 52-week low of $0.72. The 50-Day Moving Average of the stock is 12.26%, while the 200-Day Moving Average is calculated to be 58.92%.
Shares Statistics:
According to the various share statistics, RZLT traded on average about 339.88K shares per day over the past 3-months and 446600 shares per day over the past 10 days. A total of 53.25M shares are outstanding, with a floating share count of 46.60M. Insiders hold about 16.67% of the company’s shares, while institutions hold 65.97% stake in the company. Shares short for RZLT as of 1727654400 were 1078089 with a Short Ratio of 3.17, compared to 1724976000 on 1258819. Therefore, it implies a Short% of Shares Outstanding of 1078089 and a Short% of Float of 3.35.