LiveWire Group, Inc. (NYSE:LVWR - Get Free Report)'s share price fell 5.6% during trading on Tuesday . The company traded as low as $2.06 and last traded at $2.10. 24,029 shares were traded during mid-day trading, a decline of 13% from the average session volume of 27,570 shares. The stock had previously closed at $2.22.
LiveWire Group Price Performance
The firm has a market capitalization of $401.86 million, a P/E ratio of -4.29 and a beta of 1.00. The stock's fifty day simple moving average is $2.80 and its 200 day simple moving average is $4.79.
LiveWire Group (NYSE:LVWR - Get Free Report) last posted its quarterly earnings data 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 quarter last year, the company posted ($0.16) EPS.
Institutional Investors Weigh In On LiveWire Group
A number of large investors have recently bought and sold shares of the company. Barclays PLC boosted its position in LiveWire Group by 289.1% in the 3rd quarter. Barclays PLC now owns 26,210 shares of the company's stock worth $159,000 after purchasing an additional 19,474 shares in the last quarter. JPMorgan Chase & Co. boosted its position in LiveWire Group by 201.0% in the 3rd quarter. JPMorgan Chase & Co. now owns 30,166 shares of the company's stock worth $184,000 after purchasing an additional 20,144 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its position in LiveWire Group by 14.7% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 46,511 shares of the company's stock worth $224,000 after purchasing an additional 5,968 shares in the last quarter. Finally, Wexford Capital LP purchased a new stake in LiveWire Group in the 4th quarter worth approximately $87,000. Hedge funds and other institutional investors own 0.88% of the company's stock.
About LiveWire Group
(
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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