LiveWire Group, Inc. (NYSE:LVWR - Get Free Report)'s stock price shot up 10.2% during trading on Tuesday . The stock traded as high as $2.00 and last traded at $2.05. 25,336 shares traded hands during trading, a decline of 15% from the average session volume of 29,886 shares. The stock had previously closed at $1.86.
LiveWire Group Trading Down 0.2 %
The stock has a market capitalization of $513.81 million, a price-to-earnings ratio of -4.53 and a beta of 1.03. The company's 50 day moving average is $2.14 and its 200 day moving average is $4.05.
LiveWire Group (NYSE:LVWR - Get Free Report) last posted its quarterly earnings data on Wednesday, February 5th. The company reported ($0.11) 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 business earned ($0.16) earnings per share.
Institutional Trading of LiveWire Group
Hedge funds have recently added to or reduced their stakes in the stock. Wexford Capital LP acquired a new position in shares of LiveWire Group in the fourth quarter valued at approximately $87,000. JPMorgan Chase & Co. grew its position in LiveWire Group by 120.5% in the 4th quarter. JPMorgan Chase & Co. now owns 66,523 shares of the company's stock valued at $320,000 after buying an additional 36,357 shares during the last quarter. Charles Schwab Investment Management Inc. grew 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 valued at $224,000 after buying an additional 5,968 shares during the last quarter. Finally, Barclays PLC increased its stake in LiveWire Group by 289.1% in the 3rd quarter. Barclays PLC now owns 26,210 shares of the company's stock valued at $159,000 after buying an additional 19,474 shares during the period. 0.88% of the stock is owned by institutional investors and hedge funds.
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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