LiveWire Group, Inc. (NYSE:LVWR - Get Free Report)'s share price gapped up prior to trading on Wednesday . The stock had previously closed at $5.88, but opened at $6.04. LiveWire Group shares last traded at $5.65, with a volume of 1,102 shares changing hands.
LiveWire Group Stock Performance
The business's fifty day moving average is $6.35 and its 200-day moving average is $6.86. The firm has a market cap of $1.20 billion, a P/E ratio of -10.71 and a beta of 0.95.
LiveWire Group (NYSE:LVWR - Get Free Report) last released its quarterly earnings results on Thursday, July 25th. The company reported ($0.12) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.15) by $0.03. LiveWire Group had a negative net margin of 277.31% and a negative return on equity of 52.93%. The firm had revenue of $6.45 million during the quarter.
Hedge Funds Weigh In On LiveWire Group
An institutional investor recently raised its position in LiveWire Group stock. Bank of New York Mellon Corp lifted its stake in shares of LiveWire Group, Inc. (NYSE:LVWR - Free Report) by 3.3% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 47,209 shares of the company's stock after buying an additional 1,530 shares during the quarter. Bank of New York Mellon Corp's holdings in LiveWire Group were worth $362,000 as of its most recent filing with the Securities & Exchange Commission. 0.88% of the stock is currently owned by hedge funds and other institutional investors.
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.
Further Reading
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