In the last trading session, 1.21 million shares of the Rezolute Inc (NASDAQ:RZLT) were traded, and its beta was 1.06. Most recently the company’s share price was $3.76, and it changed around -$0.36 or -8.74% from the last close, which brings the market valuation of the company to $305.77M. RZLT currently trades at a discount to its 52-week high of $6.19, offering almost -64.63% off that amount. The share price’s 52-week low was $2.21, which indicates that the current value has risen by an impressive 41.22% since then.
Rezolute Inc stock received a consensus recommendation rating of Buy, based on a mean score of 1.00. If we narrow it down even further, the data shows that 0 out of 10 analysts rate the stock as a Sell; another 3 rate it as Overweight. Among the rest, 0 recommended RZLT as a Hold, whereas 7 deemed it a Buy, and 0 rated it as Underweight. Rezolute Inc is expected to report earnings per share of -0.24 for the current quarter.
Rezolute Inc (NASDAQ:RZLT) trade information
Instantly RZLT has showed a red trend with a performance of -8.74% at the end of last trading. The performance over the last five days has remained in the red territory. The rise to weekly highs of 4.20 on recent trading dayincreased the stock’s daily price by 10.48%. The company’s shares are currently down -23.27% year-to-date, but still down -2.59% over the last five days. On the other hand, Rezolute Inc (NASDAQ:RZLT) is 48.62% up in the 30-day period.
The consensus price target as assigned by Wall Street analysts is $7, which translates to bulls needing to increase their stock price by 46.29% from its current value. Analyst projections state that RZLT is forecast to be at a low of $5.5 and a high of $7.5.
Forecasts for the next quarter put sales growth at 0.00%.
Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 40.87%. Rezolute Inc earnings are expected to increase by 32.65% in 2025, but the outlook is positive 14.72% per year for the next five years.
RZLT Dividends
Rezolute Inc’s next quarterly earnings report is expected to be released in June.
NANTAHALA CAPITAL MANAGEMENT, LLC, with 5.8845% or 2.99 million shares worth $12.86 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
Federated Hermes Equity Funds-Federated Hermes Kaufmann Fund and Federated Hermes Equity Funds-Federated Hermes Kaufmann Small Cap Fund were the top two Mutual Funds as of Jan 31, 2025 . The former held 3.83 shares worth $14.38 million, making up 45.44% of all outstanding shares. On the other hand, Federated Hermes Equity Funds-Federated Hermes Kaufmann Small Cap Fund held roughly 3.81 shares worth around $14.34 million, which represents about 45.29% of the total shares outstanding.
