In last trading session, Rezolute Inc (NASDAQ:RZLT) saw 0.42 million shares changing hands with its beta currently measuring 1.19. Company’s recent per share price level of $4.24 trading at $0.02 or 0.47% at ring of the bell on the day assigns it a market valuation of $234.73M. That closing price of RZLT’s stock is at a discount of -43.87% from its 52-week high price of $6.10 and is indicating a premium of 83.02% from its 52-week low price of $0.72. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.25 million shares which gives us an average trading volume of 671.02K if we extend that period to 3-months.

For Rezolute Inc (RZLT), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.00. Splitting up the data highlights that, out of 2 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 0 suggested the stock as a Hold whereas 2 see the stock as a Buy. 0 analyst(s) advised it as an Underweight.

Rezolute Inc (NASDAQ:RZLT) trade information

Upright in the green during last session for gaining 0.47%, in the last five days RZLT remained trading in the red while hitting it’s week-highest on Monday, 08/12/24 when the stock touched $4.24 price level, adding 5.99% to its value on the day. Rezolute Inc’s shares saw a change of 327.20% in year-to-date performance and have moved -2.53% in past 5-day. Rezolute Inc (NASDAQ:RZLT) showed a performance of -3.85% in past 30-days. Number of shares sold short was 1.31 million shares which calculate 4.85 days to cover the short interests.

Wall Street analysts have assigned a consensus price target of 14 to the stock, which implies a rise of 69.71% to its current value. Analysts have been projecting 14 as a low price target for the stock while placing it at a high target of 14. It follows that stock’s current price would drop -230.19% in reaching the projected high whereas dropping to the targeted low would mean a loss of -230.19% for stock’s current value.

Rezolute Inc (RZLT) estimates and forecasts

Statistics highlight that Rezolute Inc is scoring comparatively lower than the scores of other players of the relevant industry. The company added 250.41% of value to its shares in past 6 months, showing an annual growth rate of -13.86% while that of industry is 17.60. Apart from that, the company came lowering its revenue forecast for fiscal year 2024.

Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 48.08% during past 5 years.

Rezolute Inc (NASDAQ:RZLT)’s Major holders

Insiders are in possession of 12.40% of company’s total shares while institution are holding 73.94 percent of that, with stock having share float percentage of 84.41%. Investors also watch the number of corporate investors in a company very closely, which is 73.94% institutions for Rezolute Inc that are currently holding shares of the company. FEDERATED HERMES, INC. is the top institutional holder at RZLT for having 10.15 million shares of worth $25.89 million. And as of 2024-03-31, it was holding 19.7524 of the company’s outstanding shares.

The second largest institutional holder is NANTAHALA CAPITAL MANAGEMENT, LLC, which was holding about 3.02 million shares on 2024-03-31. The number of shares represents firm’s hold over 5.8803 of outstanding shares, having a total worth of $7.71 million.

On the other hand, Federated Hermes Kaufmann Small Cap Fund and Federated Hermes Kaufmann Fund are the top two Mutual Funds which own company’s shares. As of Apr 30, 2024 , the former fund manager was holding 3.31 shares of worth $14.04 million or 39.33% of the total outstanding shares. The later fund manager was in possession of 3.22 shares on Apr 30, 2024 , making its stake of worth around $13.63 million in the company or a holder of 38.19% of company’s stock.