Wolverine Asset Management LLC Purchases New Position in Rezolve AI Limited (NASDAQ:RZLV)

Wolverine Asset Management LLC purchased a new stake in shares of Rezolve AI Limited (NASDAQ:RZLV) during the 4th quarter, Holdings Channel reports. The fund purchased 13,234 shares of the company’s stock, valued at approximately $51,000.

Separately, K2 Principal Fund L.P. bought a new stake in shares of Rezolve AI during the 3rd quarter valued at approximately $881,000. Institutional investors and hedge funds own 27.96% of the company’s stock.

Analyst Ratings Changes

Several brokerages recently issued reports on RZLV. Cantor Fitzgerald began coverage on shares of Rezolve AI in a report on Thursday, December 5th. They set an “overweight” rating and a $5.00 price target on the stock. D. Boral Capital reaffirmed a “buy” rating and set a $8.00 price target on shares of Rezolve AI in a report on Friday, December 20th. Roth Mkm initiated coverage on shares of Rezolve AI in a report on Tuesday, December 10th. They set a “buy” rating and a $4.00 price target on the stock. Maxim Group initiated coverage on shares of Rezolve AI in a report on Thursday, January 16th. They set a “buy” rating and a $10.00 target price on the stock. Finally, Roth Capital raised shares of Rezolve AI to a “strong-buy” rating in a report on Tuesday, December 10th. Five investment analysts have rated the stock with a buy rating and two have given a strong buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Buy” and an average target price of $6.40.

Rezolve AI Stock Performance

RZLV opened at $2.43 on Tuesday. Rezolve AI Limited has a fifty-two week low of $1.57 and a fifty-two week high of $12.29. The stock’s 50 day simple moving average is $3.11.

Rezolve AI Company Profile

Rezolve Ai Ltd. operates in the mobile commerce industry with its cutting-edge engagement platform powered by artificial intelligence and machine learning. It develops AI-based mobile commerce and engagement solutions, simplifying the purchasing process by providing relevant information and facilitating seamless transactions with a single tap.