Rezolute Inc (NASDAQ: RZLT) is -26.33% lower on its value in year-to-date trading and has touched a low of $2.21 and a high of $6.19 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The RZLT stock was last observed hovering at around $3.76 in the last trading session, with the day’s loss setting it -0.15%.
Currently trading at $3.61, the stock is 7.63% and 7.13% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.16 million and changing -3.99% at the moment leaves the stock -19.73% off its SMA200. RZLT registered 9.06% gain for a year compared to 6-month loss of -34.36%.
The stock witnessed a 36.74% gain in the last 1 month and extending the period to 3 months gives it a -35.19%, and is -3.99% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 8.04% over the week and 9.91% over the month.
Rezolute Inc (RZLT) has around 59 employees, a market worth around $293.57M and $0.00M in sales. Distance from 52-week low is 62.98% and -41.64% from its 52-week high. The company has generated returns on investments over the last 12 months (-70.48%).
The EPS is expected to grow by 32.65% this year
The shares outstanding are 60.53M, and float is at 49.45M with Short Float at 5.68%.
The top institutional shareholder in the company is FEDERATED HERMES, INC. with over 11.28 million shares valued at $48.5 million. The investor’s holdings represent 22.1986 of the RZLT Shares outstanding. As of 2024-06-30, the second largest holder is NANTAHALA CAPITAL MANAGEMENT, LLC with 2.99 million shares valued at $12.86 million to account for 5.8845 of the shares outstanding. The other top investors are VIVO CAPITAL, LLC which holds 2.8 million shares representing 5.5061 and valued at over $12.03 million, while ADAR1 CAPITAL MANAGEMENT, LLC holds 4.062 of the shares totaling 2.06 million with a market value of $8.88 million.
Rezolute Inc (RZLT) Insider Activity
The most recent transaction is an insider purchase by Hogenhuis Wladimir, the company’s Director. SEC filings show that Hogenhuis Wladimir bought 6,758 shares of the company’s common stock on Mar 31 ’25 at a price of $2.92 per share for a total of $19733.0. Following the purchase, the insider now owns 84025.0 shares.
Rezolute Inc disclosed in a document filed with the SEC on Mar 27 ’25 that Elam Nevan C (CEO) bought a total of 12,302 shares of the company’s common stock. The trade occurred on Mar 27 ’25 and was made at $2.85 per share for $34999.0. Following the transaction, the insider now directly holds 0.22 million shares of the RZLT stock.
Still, SEC filings show that on Mar 26 ’25, Evans Daron (CFO) acquired 10,000 shares at an average price of $2.89 for $28900.0. The insider now directly holds 237,900 shares of Rezolute Inc (RZLT).
