Belive (NASDAQ:BLIV) Stock Price Up 4.5% – Here’s What Happened

Shares of Belive Holdings (NASDAQ:BLIV) rose 4.5% on Friday . The stock traded as high as $2.30 and last traded at $2.30. 4,034 shares were traded during trading, a decline of 28% from the average session volume of 5,607 shares. The stock had previously closed at $2.20.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of Belive in a research note on Monday. One analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock currently has an average rating of “Sell”.

Belive Price Performance

The business’s 50-day moving average is $2.28 and its two-hundred day moving average is $2.70.

Belive (NASDAQ:BLIV) last posted its quarterly earnings data on Friday, May 15th. The company reported $0.18 EPS for the quarter. The business had revenue of ($137.43) million for the quarter.

Institutional Inflows and Outflows

A hedge fund recently bought a new position in Belive stock. Marex Group plc purchased a new position in shares of Belive Holdings (NASDAQ:BLIV) during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund purchased 15,060 shares of the company’s stock, valued at approximately $48,000.

About Belive

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.