Shares of LiveWire Group, Inc. (NYSE:LVWR - Get Free Report) hit a new 52-week low during trading on Monday . The company traded as low as $2.66 and last traded at $2.69, with a volume of 4270 shares traded. The stock had previously closed at $2.66.
LiveWire Group Stock Up 11.2 %
The stock has a market cap of $524.39 million, a P/E ratio of -5.61 and a beta of 0.94. The stock has a fifty day simple moving average of $4.35 and a 200-day simple moving average of $5.61.
LiveWire Group (NYSE:LVWR - Get Free Report) last announced its earnings results on Wednesday, February 5th. The company reported ($0.11) earnings per share (EPS) for the quarter. LiveWire Group had a negative net margin of 352.66% and a negative return on equity of 58.65%. During the same period last year, the business posted ($0.16) earnings per share.
Insider Activity at LiveWire Group
In other LiveWire Group news, CEO Karim Donnez sold 9,202 shares of the company's stock in a transaction dated Wednesday, November 27th. The stock was sold at an average price of $6.05, for a total value of $55,672.10. Following the completion of the transaction, the chief executive officer now owns 456,772 shares of the company's stock, valued at $2,763,470.60. This represents a 1.97 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Insiders sold 12,729 shares of company stock worth $76,841 in the last ninety days. 1.92% of the stock is owned by company insiders.
Institutional Investors Weigh In On LiveWire Group
Institutional investors and hedge funds have recently made changes to their positions in the stock. JPMorgan Chase & Co. boosted its position in shares of LiveWire Group by 120.5% during the 4th quarter. JPMorgan Chase & Co. now owns 66,523 shares of the company's stock valued at $320,000 after purchasing an additional 36,357 shares in the last quarter. Charles Schwab Investment Management Inc. increased its position in shares of LiveWire Group by 14.7% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 46,511 shares of the company's stock valued at $224,000 after acquiring an additional 5,968 shares during the last quarter. Finally, Barclays PLC increased its position in LiveWire Group by 289.1% in the third quarter. Barclays PLC now owns 26,210 shares of the company's stock worth $159,000 after buying an additional 19,474 shares during the last quarter. Institutional investors and hedge funds own 0.88% of the company's stock.
LiveWire Group Company Profile
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Get Free Report)
LiveWire Group, Inc manufactures electric motorcycles in the United States and internationally. It operates in two segments Electric Motorcycles and STACYC. The company designs and sells electric motorcycles and parts, accessories, and apparel; and electric balance bikes for kids. It serves wholesalers, independent dealers, retailers, and through online.
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