Rezolute Inc (RZLT) concluded trading on Thursday at a closing price of $4.99, with 4.36 million shares of worth about $21.74 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 6.85% during that period and on January 23, 2025 the price saw a gain of about 3.74%. Currently the company’s common shares owned by public are about 55.39M shares, out of which, 48.66M shares are available for trading.
Stock saw a price change of 7.31% in past 5 days and over the past one month there was a price change of 17.97%. Year-to-date (YTD), RZLT shares are showing a performance of 1.84% which increased to 409.18% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $0.92 but also hit the highest price of $6.19 during that period. The average intraday trading volume for Rezolute Inc shares is 384.66K. The stock is currently trading 1.61% above its 20-day simple moving average (SMA20), while that difference is up 0.53% for SMA50 and it goes to 12.05% higher than SMA200.
Rezolute Inc (NASDAQ: RZLT) currently have 55.39M outstanding shares and institutions hold larger chunk of about 61.93% of that.
The stock has a current market capitalization of $289.14M and its 3Y-monthly beta is at 1.09. It has posted earnings per share of -$1.27 in the same period. It has Quick Ratio of 13.79 while making debt-to-equity ratio of 0.02. 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 7.03% while standing at 7.29% over the month.
Analysts are in expectations that Rezolute Inc (RZLT) stock would likely to be making an EPS of -0.26 in the current quarter, while forecast for next quarter EPS is -0.27 and it is -1.09 for next year. For the current quarter EPS, analysts have given the company a lowest target -0.3 which is -0.23 at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of -0.27 in the same quarter a year ago. Stock’s fiscal year EPS is expected to rise by 19.77% while it is estimated to decrease by -8.81% 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 Wedbush on November 05, 2024 offering an Outperform rating for the stock and assigned a target price of $12 to it. Coverage by Guggenheim stated Rezolute Inc (RZLT) stock as a Buy in their note to investors on August 27, 2024, suggesting a price target of $11 for the stock. On July 17, 2024, BTIG Research Initiated their recommendations, while on June 04, 2024, Craig Hallum Initiated their ratings for the stock with a price target of $14. Stock get a Buy rating from Maxim Group on April 09, 2024.
