Rezolute, Inc. (RZLT)

NASDAQ: RZLT · IEX Real-Time Price · USD
3.300
+0.060 (1.85%)
At close: Apr 18, 2024, 4:00 PM
3.440
+0.140 (4.24%)
After-hours: Apr 18, 2024, 7:41 PM EDT
1.85%
Market Cap 130.76M
Revenue (ttm) n/a
Net Income (ttm) -56.83M
Shares Out 39.63M
EPS (ttm) -1.10
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 277,914
Open 3.350
Previous Close 3.240
Day's Range 3.240 - 3.487
52-Week Range 0.720 - 3.628
Beta 1.33
Analysts Strong Buy
Price Target 10.17 (+208.18%)
Earnings Date May 9, 2024

About RZLT

Rezolute, Inc., a clinical stage biopharmaceutical company, develops therapies for metabolic diseases associated with chronic glucose imbalance in the United States. The company's lead product candidate is RZ358, a human monoclonal antibody that is in Phase 2b clinical trial for the treatment of congenital hyperinsulinism, an ultra-rare pediatric genetic disorder. It is also developing RZ402, an oral plasma kallikrein inhibitor, which is in clinical trial for the chronic treatment of diabetic macular edema. The company was formerly known as Ant... [Read more]

Industry Biotechnology
Sector Healthcare
Founded 2010
Employees 57
Stock Exchange NASDAQ
Ticker Symbol RZLT
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 6 analysts, the average rating for RZLT stock is "Strong Buy." The 12-month stock price forecast is $10.17, which is an increase of 208.18% from the latest price.

Price Target
$10.17
(208.18% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Rezolute Reports Validation of the Potential Use of RZ358 for Treatment of Non-Islet Cell Tumor Hypoglycemia (NICTH)

Potential to more than double the addressable patient population living with hypoglycemia resulting from insulin receptor over-activation (tumor hyperinsulinism) Potential to more than double the addr...

6 weeks ago - GlobeNewsWire

Rezolute Reports Second Quarter Fiscal 2024 Results and Provides Business Update

Phase 3 clinical study of RZ358 underway in patients with congenital hyperinsulinism (cHI); topline results expected in mid-2025

2 months ago - GlobeNewsWire

Rezolute Expands Leadership Team with Appointment of Daron Evans, MS, MBA, as Chief Financial Officer

REDWOOD CITY, Calif., Jan. 24, 2024 (GLOBE NEWSWIRE) -- Rezolute, Inc. (Nasdaq: RZLT), a clinical-stage biopharmaceutical company committed to developing novel, transformative therapies for serious me...

3 months ago - GlobeNewsWire

Rezolute Receives Innovation Passport Designation from the U.K. Innovative Licensing and Access Pathway Steering Group for RZ358 in the Treatment of Hypoglycemia Due to Congenital Hyperinsulinism

REDWOOD CITY, Calif., Jan. 23, 2024 (GLOBE NEWSWIRE) -- Rezolute, Inc. (Nasdaq: RZLT), a clinical-stage biopharmaceutical company committed to developing novel, transformative therapies for serious me...

3 months ago - GlobeNewsWire

Rezolute Initiates Phase 3 Clinical Study for RZ358 in Congenital Hyperinsulinism

Company anticipates completing enrollment by the end of 2024 and reporting topline results in mid-year 2025 Company anticipates completing enrollment by the end of 2024 and reporting topline results i...

4 months ago - GlobeNewsWire

Rezolute Completes Enrollment of its Phase 2 Study in Diabetic Macular Edema (“DME”)

REDWOOD CITY, Calif., Dec. 13, 2023 (GLOBE NEWSWIRE) -- Rezolute, Inc. (Nasdaq: RZLT), a clinical-stage biopharmaceutical company committed to developing novel, transformative therapies for serious me...

4 months ago - GlobeNewsWire

Stonegate Healthcare Partners Announces Black Friday Biotech Special Report For an "XBI-MAS"

Dallas, Texas--(Newsfile Corp. - November 24, 2023) - Stonegate Healthcare Partners highlights a unique opportunity in its report, "Black Friday Biotech Sale: 12 Stocks for XBI-MAS." Despite overall m...

5 months ago - Newsfile Corp

Rezolute to Participate in BTIG's 3rd Annual Ophthalmology Day

REDWOOD CITY, Calif., Nov. 17, 2023 (GLOBE NEWSWIRE) -- Rezolute, Inc. (Nasdaq: RZLT), a clinical-stage biopharmaceutical company committed to developing novel, transformative therapies for serious me...

5 months ago - GlobeNewsWire

Rezolute Reports First Quarter Fiscal 2024 Results

REDWOOD CITY, Calif., Nov. 13, 2023 (GLOBE NEWSWIRE) -- Rezolute, Inc. (Nasdaq: RZLT), a clinical-stage biopharmaceutical company committed to developing novel, transformative therapies for serious me...

5 months ago - GlobeNewsWire

Rezolute Receives Priority Medicines (PRIME) Eligibility from European Medicines Agency for Enhanced Regulatory Support of RZ358 in Congenital Hyperinsulinism

PRIME eligibility granted based on key positive data from the Phase 2b (RIZE) study and current unmet medical need in congenital hyperinsulinism PRIME eligibility granted based on key positive data fr...

6 months ago - GlobeNewsWire

Rezolute Announces Further Evidence of RZ358's Efficacy in Tumor-Mediated Hyperinsulinism

REDWOOD CITY, Calif., Oct. 11, 2023 (GLOBE NEWSWIRE) -- Rezolute, Inc. (Nasdaq: RZLT), a clinical-stage biopharmaceutical company committed to developing novel, transformative therapies for serious me...

6 months ago - GlobeNewsWire

Rezolute Reports Full Year Fiscal 2023 Results and Highlights Company Progress

Planning to initiate Phase 3 Study for RZ358 (“sunRIZE study”) in the fourth quarter of 2023 Planning to initiate Phase 3 Study for RZ358 (“sunRIZE study”) in the fourth quarter of 2023

7 months ago - GlobeNewsWire

Rezolute to Participate in Upcoming Investor Conferences in September

REDWOOD CITY, Calif., Sept. 06, 2023 (GLOBE NEWSWIRE) -- Rezolute, Inc. (Nasdaq: RZLT), a clinical-stage biopharmaceutical company dedicated to developing transformative therapies with the potential t...

8 months ago - GlobeNewsWire

Rezolute to Initiate a Pivotal Phase 3 Study of RZ358 in Participants 3 Months of Age and Older with Congenital Hyperinsulinism

Study to be initiated in Europe and other ex-US geographies in Q4 2023, with topline results expected 1H 2025 Conference call scheduled today at 4:30 p.m. ET  REDWOOD CITY, Calif.

10 months ago - GlobeNewsWire

Stonegate Healthcare Partners Announces Publishing of a Thematic Report - Beyond VEGF: Therapies Revolutionizing Diabetic Eye Disease

Dallas, Texas--(Newsfile Corp. - June 1, 2023) - Stonegate Healthcare Partners (SHP), a healthcare strategy consulting firm, is pleased to announce the release of a thematic report that examines innov...

Other symbols: OCS
11 months ago - Newsfile Corp

Rezolute Reports Third Quarter Fiscal 2023 Results and Highlights Company Progress

The Company is poised to commence Phase 3 for RZ358 in the third quarter of calendar year 2023 The Company is poised to commence Phase 3 for RZ358 in the third quarter of calendar year 2023

1 year ago - GlobeNewsWire

Rezolute KOL Event Highlights Significant Unmet Medical Need in Diabetic Macular Edema

RZ402 is an oral therapy being developed as a potential alternative to anti-vascular growth factor (anti-VEGF) injections into the eye RZ402 is an oral therapy being developed as a potential alternati...

1 year ago - GlobeNewsWire

Rezolute to Highlight RZ402 Phase 2 Clinical Program with Leading Clinical Expert

Conference call and webcast to be held on Wednesday, March 22 at 4:30 pm EDT Conference call and webcast to be held on Wednesday, March 22 at 4:30 pm EDT

1 year ago - GlobeNewsWire

Rezolute Reports Second Quarter Fiscal 2023 Results and Highlights Company Progress

Initiated Phase 2 proof-of-concept study of RZ402

1 year ago - GlobeNewsWire

Rezolute Announces Initiation of a Phase 2 Study of RZ402 in Patients with Diabetic Macular Edema

RZ402 is an oral therapy being developed as a potential alternative to invasive and suboptimal injections into the eye RZ402 is an oral therapy being developed as a potential alternative to invasive a...

1 year ago - GlobeNewsWire

Rezolute Reports First Quarter Fiscal 2023 Results and Highlights Company Progress

Phase 2 proof-of-concept study of RZ402 expected to be initiated by the end of this year

1 year ago - GlobeNewsWire

Rezolute to Present at the Jefferies London Healthcare Conference

REDWOOD CITY, Calif., Nov. 01, 2022 (GLOBE NEWSWIRE) -- Rezolute, Inc. (Nasdaq: RZLT), a clinical-stage biopharmaceutical company dedicated to developing transformative therapies with the potential to...

1 year ago - GlobeNewsWire

Rezolute Announces Presentation at The Retina Society 55th Annual Scientific Meeting

REDWOOD CITY, Calif., Oct. 20, 2022 (GLOBE NEWSWIRE) -- Rezolute, Inc. (Nasdaq: RZLT), a clinical-stage biopharmaceutical company dedicated to developing transformative therapies with the potential to...

1 year ago - GlobeNewsWire

Rezolute Reports Fourth Quarter and Full Year Fiscal 2022 Results and Highlights Company Progress

Announced a $130 million registered direct offering and concurrent private placement priced at-the-market

1 year ago - GlobeNewsWire

Rezolute Announces Presentation at the 60th Annual ESPE Meeting

Data from Phase 2b RIZE Study in congenital hyperinsulinism will be presented in oral presentation

1 year ago - GlobeNewsWire