Belive (NASDAQ:BLIV) Shares Up 4.5% – Should You Buy?

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

Analysts Set New Price Targets

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

Belive Trading Up 4.5%

The business has a fifty day moving average of $2.28 and a 200 day moving average of $2.70.

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

Institutional Investors Weigh In On Belive

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 disclosure with the Securities and Exchange Commission (SEC). The fund 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. The company was founded on June 18, 2014 and is headquartered in Singapore.