Rezolve AI Ltd (NASDAQ:RZLV) price on Thursday, March 20, fall -4.40% below its previous day’s close as a downside momentum from buyers pushed the stock’s value to $1.52.
A look at the stock’s price movement, the close in the last trading session was $1.59, moving within a range at $1.5 and $1.61. The beta value (5-Year monthly) was -0.613. Turning to its 52-week performance, $14.50 and $1.27 were the 52-week high and 52-week low respectively. Overall, RZLV moved -42.42% over the past month.
Rezolve AI Ltd’s market cap currently stands at around $469.02 million, with investors looking forward to this quarter’s earnings report slated for in April.
Wall Street analysts have also projected the company’s year-on-year revenue to grow to 259k, representing a 78.56% jump on that reported in the last financial year.
RZLV’s current price about -13.62% and -36.31% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 38.45, while 7-day volatility ratio is 9.56% and 11.67% in the 30-day chart. Further, Rezolve AI Ltd (RZLV) has a beta value of -0.53, and an average true range (ATR) of 0.24. Analysts have given the company’s stock an average 52-week price target of $5, forecast between a low of $5 and high of $5. Looking at the price targets, the low is -228.95% off current price level while to achieve the yearly target high, price needs to move -228.95%. Nonetheless, investors will most likely welcome a -228.95% jump to $5 which is the analysts’ median price.
If we refocus on Rezolve AI Ltd (NASDAQ:RZLV), historical trading data shows that trading volumes averaged 2.68 over the past 10 days and 8.53 million over the past 3 months. The company’s latest data on shares outstanding shows there are 308.57 million shares.
The 72.10% of Rezolve AI Ltd’s shares are in the hands of company insiders while institutional holders own 0.89% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 2.71 million on 2025-02-28, giving us a short ratio of 0.46. Current price change has pushed the stock -60.21% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the RZLV stock continues to rise going into the next quarter.
