Rezolute Inc (RZLT) concluded trading on Wednesday at a closing price of $3.97, with 16.89 million shares of worth about $67.06 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -18.14% during that period and on April 23, 2025 the price saw a gain of about 27.65%. Currently the company’s common shares owned by public are about 60.53M shares, out of which, 49.45M shares are available for trading.
Stock saw a price change of 51.53% in past 5 days and over the past one month there was a price change of 31.02%. Year-to-date (YTD), RZLT shares are showing a performance of -18.98% which increased to 15.74% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $2.21 but also hit the highest price of $6.19 during that period. The average intraday trading volume for Rezolute Inc shares is 654.71K. The stock is currently trading 40.96% above its 20-day simple moving average (SMA20), while that difference is up 12.85% for SMA50 and it goes to -12.33% lower than SMA200.
Rezolute Inc (NASDAQ: RZLT) currently have 60.53M outstanding shares and institutions hold larger chunk of about 69.15% of that.
The stock has a current market capitalization of $240.33M and its 3Y-monthly beta is at 1.01. It has posted earnings per share of -$1.22 in the same period. It has Quick Ratio of 9.30 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 13.32% while standing at 11.39% over the month.
Stock’s fiscal year EPS is expected to rise by 30.11% while it is estimated to decrease by -20.87% in next year. EPS is likely to shrink at an annualized rate of 11.62% for next 5-years, compared to annual growth of 40.87% made by the stock over the past 5-years.
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.
