Belive (NASDAQ:BLIV) Trading 14.4% Higher – Here’s What Happened

Belive Holdings (NASDAQ:BLIV)’s stock price shot up 14.4% on Friday . The company traded as high as $4.07 and last traded at $3.89. 32,484 shares were traded during trading, a decline of 62% from the average session volume of 84,712 shares. The stock had previously closed at $3.40.

Analyst Upgrades and Downgrades

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

Belive Stock Up 14.4%

The stock has a fifty day moving average price of $3.54 and a two-hundred day moving average price of $3.44.

Hedge Funds Weigh In On Belive

A hedge fund recently bought a new stake in Belive stock. Marex Group plc bought a new stake in Belive Holdings (NASDAQ:BLIV) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor 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.