Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
After finishing at $4.09 in the prior trading day, Rezolve AI Ltd (NASDAQ: RZLV) closed at $4.32, up 5.62%. In other words, the price has increased by $5.62 from its previous closing price. On the day, 13.29 million shares were traded. RZLV stock price reached its highest trading level at $4.53 during the session, while it also had its lowest trading level at $3.91.
Ratios:
Our goal is to gain a better understanding of RZLV by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.01 and its Current Ratio is at 0.01. In the meantime, Its Debt-to-Equity ratio is 0.65 whereas as Long-Term Debt/Eq ratio is at 0.00.
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, Northland Capital on December 18, 2024, initiated with a Outperform rating and assigned the stock a target price of $5.
On December 10, 2024, ROTH MKM started tracking the stock assigning a Buy rating and target price of $4.
On December 05, 2024, Cantor Fitzgerald started tracking the stock assigning a Overweight rating and target price of $5.Cantor Fitzgerald initiated its Overweight rating on December 05, 2024, with a $5 target price.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, RZLV now has a Market Capitalization of 765430656.
Stock Price History:
Over the past 52 weeks, RZLV has reached a high of $14.50, while it has fallen to a 52-week low of $1.57. The 50-Day Moving Average of the stock is 27.92%, while the 200-Day Moving Average is calculated to be -48.16%.
Shares Statistics:
The stock has traded on average 7.14M shares per day over the past 3-months and 20272470 shares per day over the last 10 days, according to various share statistics. A total of 172.18M shares are outstanding, with a floating share count of 46.37M. Insiders hold about 60.26% of the company’s shares, while institutions hold 0.15% stake in the company.
