Shares of LiveWire Group, Inc. (NYSE:LVWR - Get Free Report) traded down 2.5% on Friday . The stock traded as low as $5.10 and last traded at $5.10. 20,636 shares changed hands during trading, a decline of 22% from the average session volume of 26,610 shares. The stock had previously closed at $5.23.
LiveWire Group Stock Down 1.3 %
The stock has a fifty day moving average of $6.05 and a 200-day moving average of $6.56. The stock 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 released its quarterly earnings data on Thursday, October 24th. The company reported ($0.11) earnings per share (EPS) for the quarter. LiveWire Group had a negative net margin of 336.65% and a negative return on equity of 60.75%. The company had revenue of $4.45 million during the quarter.
Insider Transactions at LiveWire Group
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 transaction of $55,672.10. Following the completion of the sale, the chief executive officer now directly 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 transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Over the last ninety days, insiders have sold 12,729 shares of company stock worth $76,841. Insiders own 1.92% of the company's stock.
Institutional Investors Weigh In On LiveWire Group
An institutional investor recently raised its position in LiveWire Group stock. Bank of New York Mellon Corp grew its holdings in shares of LiveWire Group, Inc. (NYSE:LVWR - Free Report) by 3.3% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 47,209 shares of the company's stock after purchasing an additional 1,530 shares during the period. Bank of New York Mellon Corp's holdings in LiveWire Group were worth $362,000 at the end of the most recent reporting period. 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.
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