Rezolute Inc’s recent filing unveils that its CFO Evans Daron acquired Company’s shares for reported $1578.0 on May 29 ’24. In the deal valued at $3.50 per share,451 shares were bought. As a result of this transaction, Evans Daron now holds 121,351 shares worth roughly $0.69 million.
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Then, Evans Daron bought 2,942 shares, generating $9,503 in total proceeds. Upon buying the shares at $3.23, the CFO now owns 13,000 shares.
Before that, ROBERTS BRIAN KENNETH bought 7,500 shares. Rezolute Inc shares valued at $20,138 were divested by the Chief Medical Officer at a price of $2.69 per share. As a result of the transaction, ROBERTS BRIAN KENNETH now holds 50,052 shares, worth roughly $0.29 million.
Craig Hallum initiated its Rezolute Inc [RZLT] rating to a Buy in a research note published on June 04, 2024; the price target was $14. A number of analysts have revised their coverage, including Maxim Group’s analysts, who began to cover the stock in early April with a ‘”a Buy”‘ rating. Cantor Fitzgerald started covering the stock on June 15, 2022. It rated RZLT as “an Overweight”.
Price Performance Review of RZLT
On Friday, Rezolute Inc [NASDAQ:RZLT] saw its stock jump 2.33% to $5.72. Over the last five days, the stock has gained 41.94%. Rezolute Inc shares have risen nearly 476.32% since the year began. Nevertheless, the stocks have risen 175.66% over the past one year. While a 52-week high of $6.10 was reached on 06/05/24, a 52-week low of $0.72 was recorded on 01/17/24. SMA at 50 days reached $3.16, while 200 days put it at $1.69. A total of 0.51 million shares were traded, compared to the trading of 0.55 million shares in the previous session.
Levels Of Support And Resistance For RZLT Stock
The 24-hour chart illustrates a support level at 5.35, which if violated will result in even more drops to 4.97. On the upside, there is a resistance level at 5.91. A further resistance level may holdings at 6.09. The Relative Strength Index (RSI) on the 14-day chart is 79.65, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.62, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 10.79%. Stochastics %K at 88.81% indicates the stock is a selling.
The most recent change occurred on September 08, 2021 when ROTH Capital began covering the stock and recommended ‘”a Buy”‘ rating along with a $21 price target.
