In last trading session, Rezolute Inc (NASDAQ:RZLT) saw 0.36 million shares changing hands with its beta currently measuring 0.93. Company’s recent per share price level of $4.53 trading at -$0.1 or -2.16% at ring of the bell on the day assigns it a market valuation of $274.23M. That closing price of RZLT’s stock is at a discount of -36.64% from its 52-week high price of $6.19 and is indicating a premium of 67.99% from its 52-week low price of $1.45.
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. The company is expected to be making an EPS of -0.25 in the current quarter.
Rezolute Inc (NASDAQ:RZLT) trade information
Upright in the red during last session for losing -2.16%, in the last five days RZLT remained trading in the red while hitting it’s week-highest on Friday, 02/14/25 when the stock touched $4.53 price level, adding 6.98% to its value on the day. Rezolute Inc’s shares saw a change of -7.55% in year-to-date performance and have moved -5.82% in past 5-day. Rezolute Inc (NASDAQ:RZLT) showed a performance of -5.82% in past 30-days.
Wall Street analysts have assigned a consensus price target of 7 to the stock, which implies a rise of 35.29% to its current value. Analysts have been projecting 5.5 as a low price target for the stock while placing it at a high target of 7.5. It follows that stock’s current price would drop -21.41% in reaching the projected high whereas dropping to the targeted low would mean a loss of -21.41% for stock’s current value.
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 40.87% during past 5 years. In 2025, company’s earnings growth rate is likely to be around 28.95% while estimates for its earnings growth in next 5 years are of 11.62%.
Rezolute Inc (NASDAQ:RZLT)’s Major holders
FEDERATED HERMES, INC. is the top institutional holder at RZLT for having 11.28 million shares of worth $48.5 million. And as of 2024-06-30, it was holding 22.1986 of the company’s outstanding shares.
The second largest institutional holder is NANTAHALA CAPITAL MANAGEMENT, LLC, which was holding about 2.99 million shares on 2024-06-30. The number of shares represents firm’s hold over 5.8845 of outstanding shares, having a total worth of $12.86 million.
On the other hand, Federated Hermes Kaufmann Fund and Federated Hermes Kaufmann Small Cap Fund are the top two Mutual Funds which own company’s shares. As of Oct 31, 2024 , the former fund manager was holding 3.83 shares of worth $17.33 million or 45.44% of the total outstanding shares. The later fund manager was in possession of 3.81 shares on Oct 31, 2024 , making its stake of worth around $17.27 million in the company or a holder of 45.29% of company’s stock.
