During the last session, Rezolute Inc (NASDAQ:RZLT)’s traded shares were 0.77 million, with the beta value of the company hitting 1.06. At the end of the trading day, the stock’s price was $4.12, reflecting an intraday loss of -0.84% or -$0.04. The 52-week high for the RZLT share is $6.19, that puts it down -50.24 from that peak though still a striking 46.36% gain since the share price plummeted to a 52-week low of $2.21. The company’s market capitalization is $352.34M, and the average trade volume was 1.08 million shares over the past three months.
Rezolute Inc (RZLT) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 1.00. RZLT has a Sell rating from 0 analyst(s) out of 2 analysts who have looked at this stock. 0 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 2 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be -0.23.
Rezolute Inc (NASDAQ:RZLT) trade information
Rezolute Inc (RZLT) registered a -0.84% downside in the last session and has traded in the green over the past 5 sessions. The stock plummet -0.84% in intraday trading to $4.12, hitting a weekly high. The stock’s 5-day price performance is 5.64%, and it has moved by 9.57% in 30 days. Based on these gigs, the overall price performance for the year is 11.65%.
The consensus price target of analysts on Wall Street is $7, which implies an increase of 41.14% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $5.5 and $7.5 respectively. As a result, RZLT is trading at a discount of -82.04% off the target high and -33.5% off the low.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 40.87%. While earnings are projected to return 30.96% in 2025, the next five years will return 12.97% per annum.
RZLT Dividends
Rezolute Inc is due to release its next quarterly earnings in June. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
The next largest institutional holding, with 2.99 million shares, is of NANTAHALA CAPITAL MANAGEMENT, LLC’s that is approximately 5.8845% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $12.86 million.
Also, the Mutual Funds coming in first place with the largest holdings of Rezolute Inc (RZLT) shares are Federated Hermes Equity Funds-Federated Hermes Kaufmann Fund and Federated Hermes Equity Funds-Federated Hermes Kaufmann Small Cap Fund . Data provided on Jan 31, 2025 indicates that Federated Hermes Equity Funds-Federated Hermes Kaufmann Fund owns about 3.83 shares. This amounts to just over 45.44 percent of the company’s overall shares, with a $15.76 million market value. The same data shows that the other fund manager holds slightly less at 3.81, or about 45.29% of the stock, which is worth about $15.71 million.
