Belive (NASDAQ:BLIV) Shares Down 2.1% – What’s Next?

Belive Holdings (NASDAQ:BLIV)’s share price traded down 2.1% on Monday . The stock traded as low as $3.21 and last traded at $3.27. 4,738 shares were traded during mid-day trading, a decline of 53% from the average session volume of 10,177 shares. The stock had previously closed at $3.34.

Analysts Set New Price Targets

Separately, Weiss Ratings reissued a “sell (e)” rating on shares of Belive in a report on Tuesday, October 14th. One analyst has rated the stock with a Sell rating, According to MarketBeat.com, the company has a consensus rating of “Sell”.

Belive Trading Down 2.1%

The company has a fifty day moving average price of $3.50 and a 200-day moving average price of $3.40.

Institutional Investors Weigh In On Belive

A hedge fund recently bought a new stake in Belive stock. Marex Group plc purchased a new stake in shares of Belive Holdings (NASDAQ:BLIV) in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 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.