LiveWire Group, Inc. (NYSE:LVWR - Get Free Report)'s stock price hit a new 52-week low during trading on Saturday . The stock traded as low as $5.02 and last traded at $5.16, with a volume of 59221 shares traded. The stock had previously closed at $5.23.
LiveWire Group Stock Down 1.3 %
The company has a 50 day simple moving average of $6.03 and a 200 day simple moving average of $6.55. The company has a market capitalization of $1.05 billion, a price-to-earnings ratio of -10.12 and a beta of 0.94.
LiveWire Group (NYSE:LVWR - Get Free Report) last posted its earnings results on Thursday, October 24th. The company reported ($0.11) earnings per share (EPS) for the quarter. LiveWire Group had a negative return on equity of 60.75% and a negative net margin of 336.65%. The business had revenue of $4.45 million for the quarter.
Insider Activity
In related news, CEO Karim Donnez sold 9,202 shares of the firm's stock in a transaction dated Wednesday, November 27th. The stock was sold at an average price of $6.05, for a total transaction of $55,672.10. Following the sale, the chief executive officer now directly owns 456,772 shares in the company, valued at approximately $2,763,470.60. This trade represents a 1.97 % decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. In the last 90 days, insiders have sold 12,729 shares of company stock valued at $76,841. Company insiders own 1.92% of the company's stock.
Institutional Trading of LiveWire Group
A hedge fund recently raised its stake in LiveWire Group stock. Barclays PLC increased its holdings in LiveWire Group, Inc. (NYSE:LVWR - Free Report) by 289.1% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 26,210 shares of the company's stock after acquiring an additional 19,474 shares during the quarter. Barclays PLC's holdings in LiveWire Group were worth $159,000 as of its most recent filing with the SEC. Hedge funds and other institutional investors own 0.88% of the company's stock.
LiveWire Group Company Profile
(
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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.
Further Reading
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