Belive (NASDAQ:BLIV) Shares Up 1.4% – Still a Buy?

Belive Holdings (NASDAQ:BLIV) shares shot up 1.4% during mid-day trading on Tuesday . The company traded as high as $3.60 and last traded at $3.60. 950 shares were traded during trading, a decline of 99% from the average session volume of 94,199 shares. The stock had previously closed at $3.55.

Wall Street Analyst Weigh In

Separately, Weiss Ratings restated a “sell (e)” rating on shares of Belive in a research note on Tuesday, October 14th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock currently has an average rating of “Sell”.

Belive Stock Up 1.4%

The business’s 50 day moving average is $3.69 and its 200 day moving average is $3.63.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Belive stock. Marex Group plc acquired a new position in shares of Belive Holdings (NASDAQ:BLIV) in the second quarter, according to its most recent 13F filing with the SEC. The institutional investor acquired 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.