Belive (NASDAQ:BLIV) Shares Up 4.9% – What’s Next?

Belive Holdings (NASDAQ:BLIV)’s share price was up 4.9% during trading on Tuesday . The company traded as high as $2.35 and last traded at $2.2550. Approximately 799 shares changed hands during trading, a decline of 86% from the average daily volume of 5,896 shares. The stock had previously closed at $2.15.

Belive Trading Up 4.9%

The business has a 50-day moving average of $2.30 and a 200 day moving average of $2.89.

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

Hedge Funds Weigh In On Belive

A hedge fund recently bought a new stake in Belive stock. Marex Group plc bought a new position in Belive Holdings (NASDAQ:BLIV) during the second quarter, according to its most recent disclosure with the SEC. The firm bought 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.