Belive (NASDAQ:BLIV) Shares Up 4.9% – Time to Buy?

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

Belive Trading Up 3.9%

The business has a fifty day simple moving average of $2.30 and a 200 day simple moving average of $2.87.

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

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Belive stock. Marex Group plc purchased a new position in Belive Holdings (NASDAQ:BLIV) during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 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.