Investors Are Waking Up To Rezolve AI Ltd (NASDAQ: RZLV) After Losing -83.55% Over The Past 12 Months

Rezolve AI Ltd (NASDAQ:RZLV) currently has a daily average trading volume of 538.59K but it saw 1338814 shares traded in last market. With a market cap of 299.59M USD, the company’s current market price of $1.74 came falling about -13.43 while comparing to the previous closing price of $2.01. In past 52 weeks, the stock remained buoying in the range of price level as high as $14.50 and as low as $1.90. In the recent trading on the day, stock has struck highest price mark of $1.63 while lowest mark touched by it was $2.0.

Taking a look at 20-day trading activity of Rezolve AI Ltd (RZLV) gives us an average price of $3.95, while its current price level is -88.00% below from 52-week high level whereas it is -8.42% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $5.34. A closer look into the stock’s movement over the week reveals that its volatility is standing at 27.60% during that period while stretching the period over a month that decreases to 13.49%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 14.63 which implies that the stock is in oversold territory.

Over the week, RZLV’s stock price is moving -49.57% down while it is -65.20% when we observe its performance for the past one month. Year-to-date it is -83.84% down and over the past year, the stock is showing a downside performance of -83.55%.

The company is expected to be releasing its next quarterly report in December, for which analysts forecasted an EPS of 0 while estimate for next year EPS is 0.

Company’s return on investment (ROI) stands at -26.85% and return on equity (ROE) at -9.14%. Stock’s beta reads -0.19. Stock has a price to book (P/B) ratio of 2.03. Its return on asset (ROA) is -6.21% on average.