Shares of LiveWire Group, Inc. (NYSE:LVWR - Get Free Report) fell 5.8% during trading on Tuesday . The company traded as low as $2.10 and last traded at $2.10. 10,280 shares changed hands during mid-day trading, a decline of 65% from the average session volume of 29,587 shares. The stock had previously closed at $2.23.
LiveWire Group Trading Up 2.3 %
The company has a market cap of $511.84 million, a price-to-earnings ratio of -4.52 and a beta of 1.03. The company has a fifty day moving average price of $2.20 and a two-hundred day moving average price of $4.19.
LiveWire Group (NYSE:LVWR - Get Free Report) last posted its earnings results on Wednesday, February 5th. The company reported ($0.11) earnings per share 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 in the prior year, the firm posted ($0.16) earnings per share.
Institutional Trading of LiveWire Group
Several institutional investors have recently bought and sold shares of LVWR. Charles Schwab Investment Management Inc. lifted its holdings in shares of LiveWire Group by 14.7% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 46,511 shares of the company's stock valued at $224,000 after acquiring an additional 5,968 shares during the period. Wexford Capital LP bought a new stake in LiveWire Group during the fourth quarter worth about $87,000. Barclays PLC increased its holdings 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 buying an additional 19,474 shares in the last quarter. Finally, JPMorgan Chase & Co. boosted its holdings in shares of 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 acquiring an additional 20,144 shares in the last quarter. Institutional investors and hedge funds 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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