LiveWire Group, Inc. (NYSE:LVWR - Get Free Report) saw strong trading volume on Thursday . 1,116,125 shares traded hands during trading, an increase of 17% from the previous session's volume of 958,028 shares.The stock last traded at $5.88 and had previously closed at $5.68.
LiveWire Group Price Performance
The stock has a 50-day moving average price of $2.08 and a two-hundred day moving average price of $3.23. The stock has a market cap of $1.22 billion, a PE ratio of -13.02 and a beta of 1.73.
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 net margin of 352.66% and a negative return on equity of 58.65%. The firm had revenue of $2.74 million for the quarter.
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently modified their holdings of LVWR. Charles Schwab Investment Management Inc. grew its holdings in shares of 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 purchasing an additional 5,968 shares in the last quarter. JPMorgan Chase & Co. grew its holdings in shares of 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 purchasing an additional 36,357 shares in the last quarter. Wexford Capital LP purchased a new position in shares of LiveWire Group in the fourth quarter valued at $87,000. Nuveen LLC purchased a new position in shares of LiveWire Group in the first quarter valued at $43,000. Finally, Rhumbline Advisers grew its holdings in shares of LiveWire Group by 21.9% in the first quarter. Rhumbline Advisers now owns 17,655 shares of the company's stock valued at $35,000 after purchasing an additional 3,167 shares in the last quarter. 0.88% of the stock is owned by hedge funds and other institutional investors.
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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