Belive (NASDAQ:BLIV) Trading 2.4% Higher – What’s Next?

Shares of Belive Holdings (NASDAQ:BLIV) were up 2.4% during trading on Tuesday . The stock traded as high as $2.56 and last traded at $2.15. 10,167 shares were traded during trading, an increase of 94% from the average session volume of 5,242 shares. The stock had previously closed at $2.10.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of Belive in a research report on Monday, July 6th. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company has an average rating of “Sell”.

Belive Trading Up 6.8%

The firm’s 50-day moving average price is $2.28 and its 200 day moving average price is $2.45.

Institutional Trading of Belive

A hedge fund recently bought a new position in Belive stock. Marex Group plc bought a new stake in Belive Holdings (NASDAQ:BLIV) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 15,060 shares of the company’s stock, valued at approximately $48,000.

Belive Company Profile

BeLive Holdings engages in the development of software and programming activities and provides consultancy services. The company offers technology solutions for live commerce and shoppable short videos. It offers services through BeLive White Label solution and a cloud-based BeLive software-as-a-service (SaaS) solution. The company was founded on June 18, 2014 and is headquartered in Singapore.