Beyond market trends, investors looking for superior returns explore the world of stock picking. The right selections can be a powerful driver for wealth accumulation.
Rezolute Inc (NASDAQ: RZLT) closed the day trading at $3.05 down -1.29% from the previous closing price of $3.09. In other words, the price has decreased by -$1.29 from its previous closing price. On the day, 0.52 million shares were traded. RZLT stock price reached its highest trading level at $3.14 during the session, while it also had its lowest trading level at $3.0.
Ratios:
For a better understanding of RZLT, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 9.30 and its Current Ratio is at 9.30. 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, Wedbush on November 05, 2024, initiated with a Outperform rating and assigned the stock a target price of $12.
On August 27, 2024, Guggenheim started tracking the stock assigning a Buy rating and target price of $11.
On July 17, 2024, BTIG Research started tracking the stock assigning a Buy rating and target price of $13.BTIG Research initiated its Buy rating on July 17, 2024, with a $13 target price.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Feb 18 ’25 when Hogenhuis Wladimir bought 10,000 shares for $4.70 per share. The transaction valued at 47,000 led to the insider holds 77,267 shares of the business.
Kim Young-Jin bought 1,250,000 shares of RZLT for $5,000,000 on Jun 25 ’24. The Director now owns 7,192,617 shares after completing the transaction at $4.00 per share. On Dec 18 ’24, another insider, Evans Daron, who serves as the CFO of the company, bought 10,000 shares for $4.29 each. As a result, the insider paid 42,900 and bolstered with 150,900 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 184632960 and an Enterprise Value of 90025048.
Stock Price History:
The Beta on a monthly basis for RZLT is 0.94, which has changed by 0.61375666 over the last 52 weeks, in comparison to a change of 0.086116076 over the same period for the S&P500. Over the past 52 weeks, RZLT has reached a high of $6.19, while it has fallen to a 52-week low of $1.85. The 50-Day Moving Average of the stock is -31.57%, while the 200-Day Moving Average is calculated to be -35.33%.
Shares Statistics:
Over the past 3-months, RZLT traded about 499.43K shares per day on average, while over the past 10 days, RZLT traded about 682390 shares per day. A total of 60.53M shares are outstanding, with a floating share count of 49.49M. Insiders hold about 18.25% of the company’s shares, while institutions hold 69.16% stake in the company. Shares short for RZLT as of 1740700800 were 2159421 with a Short Ratio of 4.32, compared to 1738281600 on 1621461. Therefore, it implies a Short% of Shares Outstanding of 2159421 and a Short% of Float of 4.79.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
