At the time of writing, Rezolute Inc [RZLT] stock is trading at $4.95, up 5.54%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The RZLT shares have gain 1.64% over the last week, with a monthly amount glided 5.32%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Rezolute Inc [NASDAQ: RZLT] stock has seen the most recent analyst activity on August 27, 2024, when Guggenheim initiated its Buy rating and assigned the stock a price target of $11. Previously, BTIG Research started tracking the stock with Buy rating on July 17, 2024, and set its price target to $13. On June 04, 2024, Craig Hallum initiated with a Buy rating and assigned a price target of $14 on the stock. Maxim Group started tracking the stock assigning a Buy rating and suggested a price target of $8 on April 09, 2024. Cantor Fitzgerald started tracking with a Overweight rating for this stock on June 15, 2022, and assigned it a price target of $9. In a note dated September 08, 2021, ROTH Capital initiated an Buy rating and provided a target price of $21 on this stock.
For the past year, the stock price of Rezolute Inc fluctuated between $0.72 and $6.10. Currently, Wall Street analysts expect the stock to reach $13.5 within the next 12 months. Rezolute Inc [NASDAQ: RZLT] shares were valued at $4.95 at the most recent close of the market. An investor can expect a potential return of 172.73% based on the average RZLT price forecast.
Analyzing the RZLT fundamentals
To continue investigating profitability, this company’s Return on Assets is posted at -0.52, Equity is -0.71 and Total Capital is -0.57. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.02.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 4.77 points at the first support level, and at 4.60 for the second support level. However, for the 1st resistance point, the stock is sitting at 5.09, and for the 2nd resistance point, it is at 5.23.
Ratios To Look Out For
It is important to note that Rezolute Inc [NASDAQ:RZLT] has a current ratio of 13.39. Further, the Quick Ratio stands at 13.39, while the Cash Ratio is 7.33.
Transactions by insiders
Recent insider trading involved Hogenhuis Wladimir, Director, that happened on Sep 24 ’24 when 4259.0 shares were purchased. Director, Hogenhuis Wladimir completed a deal on Jun 25 ’24 to buy 4815.0 shares. Meanwhile, Chief Medical Officer ROBERTS BRIAN KENNETH bought 4300.0 shares on Jun 14 ’24.
