Rezolute Inc (NASDAQ: RZLT)’s stock price has soared by 13.61 in relation to previous closing price of 4.41. Nevertheless, the company has seen a gain of 22.79% in its stock price over the last five trading days. zacks.com reported 2024-12-24 that We present three small biotech stocks, which according to Wall Street analysts, have upside potential for 2025.
Is It Worth Investing in Rezolute Inc (NASDAQ: RZLT) Right Now?
Additionally, the 36-month beta value for RZLT is 1.09. There are mixed opinions on the stock, with 7 analysts rating it as a “buy,” 3 rating it as “overweight,” 0 rating it as “hold,” and 0 rating it as “sell.”
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The public float for RZLT is 48.66M and currently, short sellers hold a 2.46% ratio of that float. The average trading volume of RZLT on December 27, 2024 was 381.28K shares.
RZLT’s Market Performance
RZLT’s stock has seen a 22.79% increase for the week, with a 3.09% rise in the past month and a 2.66% gain in the past quarter. The volatility ratio for the week is 8.29%, and the volatility levels for the past 30 days are at 7.80% for Rezolute Inc The simple moving average for the past 20 days is 4.71% for RZLT’s stock, with a 19.02% simple moving average for the past 200 days.
Analysts’ Opinion of RZLT
Many brokerage firms have already submitted their reports for RZLT stocks, with Wedbush repeating the rating for RZLT by listing it as a “Outperform.” The predicted price for RZLT in the upcoming period, according to Wedbush is $12 based on the research report published on November 05, 2024 of the current year 2024.
Guggenheim, on the other hand, stated in their research note that they expect to see RZLT reach a price target of $11. The rating they have provided for RZLT stocks is “Buy” according to the report published on August 27th, 2024.
BTIG Research gave a rating of “Buy” to RZLT, setting the target price at $13 in the report published on July 17th of the current year.
RZLT Trading at -1.91% from the 50-Day Moving Average
After a stumble in the market that brought RZLT to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -19.01% of loss for the given period.
Volatility was left at 7.80%, however, over the last 30 days, the volatility rate increased by 8.29%, as shares surge +4.59% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +3.94% upper at present.
During the last 5 trading sessions, RZLT rose by +22.79%, which changed the moving average for the period of 200-days by +156.92% in comparison to the 20-day moving average, which settled at $4.78. In addition, Rezolute Inc saw 404.79% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at RZLT starting from Evans Daron, who purchase 10,000 shares at the price of $4.29 back on Dec 18 ’24. After this action, Evans Daron now owns 150,900 shares of Rezolute Inc, valued at $42,900 using the latest closing price.
Evans Daron, the CFO of Rezolute Inc, purchase 9,000 shares at $4.60 during a trade that took place back on Dec 12 ’24, which means that Evans Daron is holding 140,900 shares at $41,400 based on the most recent closing price.
Stock Fundamentals for RZLT
Current profitability levels for the company are sitting at:
- -1231.9 for the present operating margin
- 0.55 for the gross margin
The net margin for Rezolute Inc stands at -1195.05. The total capital return value is set at -0.62. Equity return is now at value -63.88, with -58.64 for asset returns.
Currently, EBITDA for the company is -68.42 million with net debt to EBITDA at 0.12. When we switch over and look at the enterprise to sales, we see a ratio of 4860.45. The liquidity ratio also appears to be rather interesting for investors as it stands at 13.79.
Conclusion
In conclusion, Rezolute Inc (RZLT) has seen better performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
