LiveWire Group, Inc. (NYSE:LVWR - Get Free Report) saw an uptick in trading volume on Friday . 6,260,654 shares were traded during trading, an increase of 282% from the previous session's volume of 1,640,304 shares.The stock last traded at $4.60 and had previously closed at $2.87.
LiveWire Group Price Performance
The company's fifty day simple moving average is $1.89 and its 200-day simple moving average is $3.21. The firm has a market capitalization of $824.44 million, a PE ratio of -8.80 and a beta of 1.04.
LiveWire Group (NYSE:LVWR - Get Free Report) last released its quarterly earnings results on Thursday, May 1st. The company reported ($0.09) earnings per share for the quarter. LiveWire Group had a negative return on equity of 58.65% and a negative net margin of 352.66%. The company had revenue of $2.74 million for the quarter.
Institutional Trading of LiveWire Group
A number of institutional investors have recently made changes to their positions in the company. Rhumbline Advisers increased its stake in LiveWire Group by 21.9% during the first quarter. Rhumbline Advisers now owns 17,655 shares of the company's stock worth $35,000 after acquiring an additional 3,167 shares during the last quarter. Wexford Capital LP acquired a new stake in LiveWire Group in the fourth quarter valued at $87,000. Nuveen LLC acquired a new position in LiveWire Group in the first quarter valued at approximately $43,000. Charles Schwab Investment Management Inc. boosted its stake 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 valued at $224,000 after acquiring an additional 5,968 shares in the last quarter. Finally, JPMorgan Chase & Co. lifted its stake in LiveWire Group by 120.5% in the fourth 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. 0.88% of the stock is owned by institutional investors and hedge funds.
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.
Featured Stories
Before you consider LiveWire Group, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and LiveWire Group wasn't on the list.
While LiveWire Group currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Just getting into the stock market? These 10 simple stocks can help beginning investors build long-term wealth without knowing options, technicals, or other advanced strategies.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
