In last trading session, Rezolute Inc (NASDAQ:RZLT) saw 16.89 million shares changing hands with its beta currently measuring 1.01. Company’s recent per share price level of $3.97 trading at $0.86 or 27.65% at ring of the bell on the day assigns it a market valuation of $240.33M. That closing price of RZLT’s stock is at a discount of -55.92% from its 52-week high price of $6.19 and is indicating a premium of 44.33% from its 52-week low price of $2.21. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.77 million shares which gives us an average trading volume of 654.71K 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. The company is expected to be making an EPS of -0.24 in the current quarter.
Rezolute Inc (NASDAQ:RZLT) trade information
Upright in the green during last session for gaining 27.65%, in the last five days RZLT remained trading in the green while hitting it’s week-highest on Wednesday, 04/23/25 when the stock touched $3.97 price level, adding 7.46% to its value on the day. Rezolute Inc’s shares saw a change of -18.98% in year-to-date performance and have moved 51.53% in past 5-day. Rezolute Inc (NASDAQ:RZLT) showed a performance of 31.02% in past 30-days. Number of shares sold short was 2.26 million shares which calculate 3.31 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 7 to the stock, which implies a rise of 43.29% 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 -38.54% in reaching the projected high whereas dropping to the targeted low would mean a loss of -38.54% 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 30.11% while estimates for its earnings growth in next 5 years are of 11.62%.
Rezolute Inc (NASDAQ:RZLT)’s Major holders
Insiders are in possession of 13.52% of company’s total shares while institution are holding 81.98 percent of that, with stock having share float percentage of 94.80%. Investors also watch the number of corporate investors in a company very closely, which is 81.98% institutions for Rezolute Inc that are currently holding shares of the company. 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 Equity Funds-Federated Hermes Kaufmann Fund and Federated Hermes Equity Funds-Federated Hermes Kaufmann Small Cap Fund are the top two Mutual Funds which own company’s shares. As of Jan 31, 2025 , the former fund manager was holding 3.83 shares of worth $15.19 million or 45.44% of the total outstanding shares. The later fund manager was in possession of 3.81 shares on Jan 31, 2025 , making its stake of worth around $15.14 million in the company or a holder of 45.29% of company’s stock.
