Rezolute Inc [NASDAQ: RZLT] loss -0.17% or -0.01 points to close at $5.87 with a heavy trading volume of 4577800 shares.
It opened the trading session at $5.88, the shares rose to $6.21 and dropped to $5.8, the range by which the price of stock traded the whole day. The daily chart for RZLT points out that the company has recorded 22.04% gains over the past six months.
If we look at the average trading volume of 1.07M shares, RZLT reached to a volume of 4577800 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about Rezolute Inc [RZLT]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for RZLT shares is $13.11 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on RZLT stock is a recommendation set at 1.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Wedbush have made an estimate for Rezolute Inc shares, keeping their opinion on the stock as Outperform, with their previous recommendation back on November 05, 2024. While these analysts kept the previous recommendation, Guggenheim raised their target price to Buy. The new note on the price target was released on August 27, 2024, representing the official price target for Rezolute Inc stock. Previously, the target price had yet another raise to $13, while BTIG Research analysts kept a Buy rating on RZLT stock.
The Price to Book ratio for the last quarter was 4.30, with the Price to Cash per share for the same quarter was set at 1.00.
Trading performance analysis for RZLT stock
Rezolute Inc [RZLT] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 5.96. With this latest performance, RZLT shares gained by 38.44% in over the last four-week period, additionally plugging by 22.04% over the last 6 months – not to mention a rise of 19.80% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for RZLT stock in for the last two-week period is set at 74.82, with the RSI for the last a single of trading hit 0.32, and the three-weeks RSI is set at 0.30 for Rezolute Inc [RZLT]. The present Moving Average for the last 50 days of trading for this stock 4.49, while it was recorded at 5.58 for the last single week of trading, and 4.44 for the last 200 days.
Rezolute Inc (RZLT) Capital Structure & Debt Analysis
According to recent financial data for Rezolute Inc. ( RZLT), the Return on Equity (ROE) stands at -95.15%, highlighting a negative impact on investor capital. The Return on Assets (ROA) is -80.01%, reflecting the company’s efficiency in generating profits from its assets. Additionally, Rezolute Inc’s Return on Invested Capital (ROIC) is -87.18%, showcasing its effectiveness in deploying capital for earnings.
Rezolute Inc (RZLT) Efficiency & Liquidity Metrics
Based on Rezolute Inc’s (RZLT) latest financial statements, the Debt-to-Equity Ratio is 0.02%, indicating its reliance on debt financing relative to shareholder equity.
Rezolute Inc (RZLT) Efficiency & Liquidity Metrics
From an operational efficiency perspective, Rezolute Inc. (RZLT) effectively leverages its workforce, generating an average of -$1237288.14 per employee. The company’s liquidity position is robust, with a Current Ratio of 8.43% and a Quick Ratio of 8.43%, indicating strong ability to cover short-term liabilities.
Rezolute Inc [RZLT]: An earnings per share (EPS) analysis
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for RZLT. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Rezolute Inc go to 12.97%.
An analysis of Institutional ownership at Rezolute Inc [RZLT]
There are presently around $52.13%, or 57.70% of RZLT stock, in the hands of institutional investors. The top three institutional holders of RZLT stocks are: FEDERATED HERMES, INC. with ownership of 11.28 million shares, which is approximately 22.1986%. NANTAHALA CAPITAL MANAGEMENT, LLC, holding 2.99 million shares of the stock with an approximate value of $$12.86 million in RZLT stocks shares; and NANTAHALA CAPITAL MANAGEMENT, LLC, currently with $$12.03 million in RZLT stock with ownership which is approximately 5.5061%.
