Rezolute Inc (RZLT) concluded trading on Wednesday at a closing price of $2.81, with 9.27 million shares of worth about $26.05 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 274.62% during that period and on May 22, 2024 the price saw a loss of about -6.33%. Currently the company’s common shares owned by public are about 36.83M shares, out of which, 30.97M shares are available for trading.
Stock saw a price change of 6.04% in past 5 days and over the past one month there was a price change of -1.75%. Year-to-date (YTD), RZLT shares are showing a performance of 183.12% which increased to 37.07% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $0.72 but also hit the highest price of $3.69 during that period. The average intraday trading volume for Rezolute Inc shares is 380.50K. The stock is currently trading -0.67% below its 20-day simple moving average (SMA20), while that difference is up 8.30% for SMA50 and it goes to 84.29% higher than SMA200.
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Rezolute Inc (NASDAQ: RZLT) currently have 36.83M outstanding shares and institutions hold larger chunk of about 67.62% of that.
The stock has a current market capitalization of $112.79M and its 3Y-monthly beta is at 1.23. It has posted earnings per share of -$1.14 in the same period. It has Quick Ratio of 11.82 while making debt-to-equity ratio of 0.03. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for RZLT, volatility over the week remained 17.59% while standing at 12.11% over the month.
Stock’s fiscal year EPS is expected to drop by -16.55% while it is estimated to increase by 32.40% in next year.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Maxim Group on April 09, 2024 offering a Buy rating for the stock and assigned a target price of $8 to it. Coverage by Canaccord Genuity stated Rezolute Inc (RZLT) stock as a Buy in their note to investors on August 02, 2022, suggesting a price target of $17 for the stock. On June 15, 2022, Cantor Fitzgerald Initiated their recommendations, while on September 08, 2021, ROTH Capital Initiated their ratings for the stock with a price target of $21. Stock get an Outperform rating from Oppenheimer on May 27, 2021.
