LiveWire Group (NYSE:LVWR - Get Free Report) released its earnings results on Wednesday. The company reported ($0.11) earnings per share (EPS) for the quarter, Zacks reports. LiveWire Group had a negative return on equity of 58.65% and a negative net margin of 352.66%. During the same period in the prior year, the business posted ($0.16) EPS.
LiveWire Group Trading Down 6.3 %
Shares of NYSE:LVWR traded down $0.18 during trading on Friday, hitting $2.69. 20,774 shares of the company were exchanged, compared to its average volume of 43,259. LiveWire Group has a fifty-two week low of $2.66 and a fifty-two week high of $11.36. The stock has a market cap of $546.74 million, a price-to-earnings ratio of -5.85 and a beta of 0.94. The firm has a fifty day moving average price of $4.56 and a two-hundred day moving average price of $5.73.
Insider Activity
In other LiveWire Group news, CEO Karim Donnez sold 9,202 shares of the company's stock in a transaction that occurred on Wednesday, November 27th. The stock was sold at an average price of $6.05, for a total value of $55,672.10. Following the sale, the chief executive officer now owns 456,772 shares in the company, valued at $2,763,470.60. This represents a 1.97 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. In the last 90 days, insiders sold 12,729 shares of company stock valued at $76,841. 1.92% of the stock is owned by insiders.
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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