Belive (NASDAQ:BLIV) Stock Price Down 0.9% – Should You Sell?

Shares of Belive Holdings (NASDAQ:BLIV) dropped 0.9% during trading on Monday . The company traded as low as $2.12 and last traded at $2.1810. Approximately 1,234 shares were traded during trading, a decline of 77% from the average daily volume of 5,456 shares. The stock had previously closed at $2.20.

Analyst Ratings Changes

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of Belive in a research note on Monday, July 6th. One analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock has an average rating of “Sell”.

Belive Price Performance

The business has a 50-day simple moving average of $2.28 and a 200 day simple moving average of $2.56.

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

Hedge Funds Weigh In On Belive

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