LiveWire Group, Inc. (NYSE:LVWR - Get Free Report) traded down 2.9% during trading on Monday . The stock traded as low as $2.01 and last traded at $2.04. 3,136 shares traded hands during mid-day trading, a decline of 90% from the average session volume of 30,402 shares. The stock had previously closed at $2.10.
LiveWire Group Price Performance
The stock has a market capitalization of $432.49 million, a P/E ratio of -3.82 and a beta of 1.03. The company's 50-day simple moving average is $2.12 and its 200-day simple moving average is $3.97.
LiveWire Group (NYSE:LVWR - Get Free Report) last issued its quarterly earnings results on Thursday, May 1st. The company reported ($0.09) earnings per share (EPS) for the quarter. LiveWire Group had a negative return on equity of 58.65% and a negative net margin of 352.66%.
Institutional Investors Weigh In On LiveWire Group
Institutional investors have recently made changes to their positions in the stock. JPMorgan Chase & Co. raised its position in shares of LiveWire Group by 120.5% during 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 during the period. Barclays PLC boosted its stake in shares of LiveWire Group by 289.1% in the 3rd quarter. Barclays PLC now owns 26,210 shares of the company's stock worth $159,000 after buying an additional 19,474 shares during the last quarter. Wexford Capital LP bought a new stake in LiveWire Group during the fourth quarter worth $87,000. Finally, Charles Schwab Investment Management Inc. increased its position in shares of LiveWire Group by 14.7% during the 4th 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 last quarter. Institutional investors 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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