LiveWire Group, Inc. (NYSE:LVWR - Get Free Report)'s share price gapped up before the market opened on Wednesday . The stock had previously closed at $2.56, but opened at $3.70. LiveWire Group shares last traded at $3.10, with a volume of 30,902,986 shares changing hands.
LiveWire Group Trading Up 55.7%
The firm's fifty day moving average price is $1.86 and its 200 day moving average price is $3.24. The firm has a market capitalization of $909.94 million, a PE ratio of -9.72 and a beta of 1.04.
LiveWire Group (NYSE:LVWR - Get Free Report) last posted its quarterly earnings results on Thursday, May 1st. The company reported ($0.09) 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 for the quarter.
Institutional Investors Weigh In On LiveWire Group
Large investors have recently bought and sold shares of the business. JPMorgan Chase & Co. boosted its holdings in LiveWire Group by 120.5% in the fourth quarter. JPMorgan Chase & Co. now owns 66,523 shares of the company's stock worth $320,000 after purchasing an additional 36,357 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its holdings 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 worth $224,000 after purchasing an additional 5,968 shares in the last quarter. Wexford Capital LP bought a new stake in LiveWire Group in the fourth quarter worth $87,000. Rhumbline Advisers boosted its holdings in LiveWire Group by 21.9% in the first quarter. Rhumbline Advisers now owns 17,655 shares of the company's stock worth $35,000 after purchasing an additional 3,167 shares in the last quarter. Finally, Nuveen LLC bought a new stake in LiveWire Group in the first quarter worth $43,000. 0.88% of the stock is currently owned by institutional investors.
LiveWire Group Company Profile
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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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