Rezolute Inc’s filing revealed that its CFO Evans Daron acquired Company’s shares for reported $42900.0 on Dec 18 ’24. In the deal valued at $4.29 per share,10,000 shares were bought. As a result of this transaction, Evans Daron now holds 150,900 shares worth roughly $ 0.7 million.
Then, Evans Daron bought 9,000 shares, generating $41,400 in total proceeds. Upon buying the shares at $4.60, the CFO now owns 140,900 shares.
Before that, Evans Daron bought 10,549 shares. Rezolute Inc shares valued at $53,167 were divested by the CFO at a price of $5.04 per share. As a result of the transaction, Evans Daron now holds 131,900 shares, worth roughly $0.61 million.
Wedbush initiated its Rezolute Inc [RZLT] rating to an Outperform in a research note published on November 05, 2024; the price target was $12. A number of analysts have revised their coverage, including Guggenheim’s analysts, who began to cover the stock in late August with a ‘”a Buy”‘ rating. BTIG Research began covering RZLT with “Buy” recommendation on July 17, 2024. Craig Hallum started covering the stock on June 04, 2024. It rated RZLT as “a Buy”.
Price Performance Review of RZLT
On Friday, Rezolute Inc [NASDAQ:RZLT] saw its stock fall -4.16% to $4.61. Over the last five days, the stock has lost -6.11%. Rezolute Inc shares have fallen nearly -5.92% since the year began. Nevertheless, the stocks have risen 322.94% over the past one year. While a 52-week high of $6.19 was reached on 02/05/25, a 52-week low of $1.06 was recorded on 01/28/25. SMA at 50 days reached $4.89, while 200 days put it at $4.62.
Levels Of Support And Resistance For RZLT Stock
The 24-hour chart illustrates a support level at 4.52, which if violated will result in even more drops to 4.44. On the upside, there is a resistance level at 4.78. A further resistance level may holdings at 4.96. The Relative Strength Index (RSI) on the 14-day chart is 41.34, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.26, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 84.09%. Stochastics %K at 27.27% indicates the stock is a holding.
How much short interest is there in Rezolute Inc?
A steep rise in short interest was recorded in Rezolute Inc stocks on 2025-01-31, growing by 0.38 million shares to a total of 1.62 million shares. Yahoo Finance data shows the prior-month short interest on 2024-12-31 was 1.24 million shares. There was a rise of 23.39%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on April 09, 2024 when Maxim Group began covering the stock and recommended ‘”a Buy”‘ rating along with a $8 price target.
