LiveWire Group, Inc. (NYSE:LVWR - Get Free Report)'s share price gapped up prior to trading on Wednesday . The stock had previously closed at $4.00, but opened at $4.19. LiveWire Group shares last traded at $4.17, with a volume of 290,121 shares changing hands.
LiveWire Group Trading Down 1.5%
The firm's fifty day moving average price is $2.01 and its 200-day moving average price is $3.23. The firm has a market cap of $1.14 billion, a price-to-earnings ratio of -12.16 and a beta of 1.73.
LiveWire Group (NYSE:LVWR - Get Free Report) last issued its earnings results on Thursday, May 1st. The company reported ($0.09) earnings per share (EPS) for the quarter. LiveWire Group had a negative net margin of 352.66% and a negative return on equity of 58.65%. The company had revenue of $2.74 million during the quarter.
Institutional Trading of LiveWire Group
A number of large investors have recently bought and sold shares of LVWR. JPMorgan Chase & Co. boosted its stake in LiveWire Group by 120.5% during the 4th quarter. JPMorgan Chase & Co. now owns 66,523 shares of the company's stock worth $320,000 after purchasing an additional 36,357 shares during the period. Nuveen LLC acquired a new position in shares of LiveWire Group during the first quarter worth about $43,000. Wexford Capital LP purchased a new position in LiveWire Group during the fourth quarter worth about $87,000. Charles Schwab Investment Management Inc. lifted its position 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 purchasing an additional 5,968 shares during the period. Finally, Rhumbline Advisers lifted its position in 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 during the period. 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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