Shares of LiveWire Group, Inc. (NYSE:LVWR - Get Free Report) rose 28.1% during trading on Wednesday . The company traded as high as $2.64 and last traded at $2.58. Approximately 44,427 shares changed hands during mid-day trading, an increase of 51% from the average daily volume of 29,357 shares. The stock had previously closed at $2.01.
LiveWire Group Trading Down 4.7 %
The firm has a market capitalization of $457.82 million, a price-to-earnings ratio of -4.89 and a beta of 1.03. The business has a 50-day moving average price of $2.25 and a two-hundred day moving average price of $4.31.
LiveWire Group (NYSE:LVWR - Get Free Report) last posted its earnings results on Wednesday, February 5th. The company reported ($0.11) EPS for the quarter. LiveWire Group had a negative return on equity of 58.65% and a negative net margin of 352.66%. During the same quarter in the prior year, the firm posted ($0.16) earnings per share.
Institutional Trading of LiveWire Group
A number of hedge funds and other institutional investors have recently modified their holdings of LVWR. Barclays PLC raised its position in shares of LiveWire Group by 289.1% during the third quarter. Barclays PLC now owns 26,210 shares of the company's stock worth $159,000 after purchasing an additional 19,474 shares during the period. JPMorgan Chase & Co. lifted its holdings in shares of LiveWire Group by 201.0% during the 3rd quarter. JPMorgan Chase & Co. now owns 30,166 shares of the company's stock valued at $184,000 after buying an additional 20,144 shares during the last quarter. Charles Schwab Investment Management Inc. grew its position in LiveWire Group by 14.7% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 46,511 shares of the company's stock worth $224,000 after acquiring an additional 5,968 shares in the last quarter. Finally, Wexford Capital LP bought a new stake in LiveWire Group in the fourth quarter worth $87,000. Institutional investors own 0.88% of the company's stock.
LiveWire Group Company Profile
(
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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