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The closing price of Rezolute Inc (NASDAQ: RZLT) was $4.82 for the day, down -1.03% from the previous closing price of $4.87. In other words, the price has decreased by -$1.03 from its previous closing price. On the day, 0.65 million shares were traded. RZLT stock price reached its highest trading level at $5.145 during the session, while it also had its lowest trading level at $4.7101.
Ratios:
Our analysis of RZLT’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 11.82 and its Current Ratio is at 11.82. In the meantime, Its Debt-to-Equity ratio is 0.03 whereas as Long-Term Debt/Eq ratio is at 0.03.
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:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Jun 25 ’24 when Hogenhuis Wladimir bought 4,815 shares for $4.15 per share. The transaction valued at 19,982 led to the insider holds 37,508 shares of the business.
ROBERTS BRIAN KENNETH bought 4,300 shares of RZLT for $16,828 on Jun 14 ’24. The Chief Medical Officer now owns 54,352 shares after completing the transaction at $3.91 per share. On Jun 14 ’24, another insider, ROBERTS BRIAN KENNETH, who serves as the Chief Medical Officer of the company, bought 3,300 shares for $3.91 each. As a result, the insider paid 12,916 and bolstered with 13,000 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 269588384 and an Enterprise Value of 115800408.
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 4.96%, while the 200-Day Moving Average is calculated to be 67.41%.
Shares Statistics:
RZLT traded an average of 309.06K shares per day over the past three months and 484380 shares per day over the past ten days. A total of 55.36M shares are outstanding, with a floating share count of 46.13M. Insiders hold about 16.67% of the company’s shares, while institutions hold 66.65% stake in the company. Shares short for RZLT as of 1724976000 were 1258819 with a Short Ratio of 4.07, compared to 1722384000 on 1309025. Therefore, it implies a Short% of Shares Outstanding of 1258819 and a Short% of Float of 3.9100002000000003.
