LiveWire Group, Inc. (NYSE:LVWR - Get Free Report)'s stock price was down 2.9% on Monday . The stock traded as low as $2.01 and last traded at $2.04. Approximately 3,136 shares traded hands during trading, a decline of 90% from the average daily volume of 30,402 shares. The stock had previously closed at $2.10.
LiveWire Group Stock Down 8.1 %
The stock has a market capitalization of $348.70 million, a PE ratio of -3.08 and a beta of 1.03. The stock's 50 day moving average price is $2.08 and its 200-day moving average price is $3.91.
LiveWire Group (NYSE:LVWR - Get Free Report) last announced its quarterly earnings results on Thursday, May 1st. The company reported ($0.09) earnings per share (EPS) for the quarter. The firm had revenue of $2.74 million during the quarter. LiveWire Group had a negative net margin of 352.66% and a negative return on equity of 58.65%.
Institutional Trading of LiveWire Group
A number of institutional investors have recently made changes to their positions in the business. Wexford Capital LP acquired a new position in LiveWire Group during the 4th quarter valued at approximately $87,000. Barclays PLC grew its holdings in shares of LiveWire Group by 289.1% during the third quarter. Barclays PLC now owns 26,210 shares of the company's stock valued at $159,000 after buying an additional 19,474 shares during the last quarter. JPMorgan Chase & Co. grew its holdings in shares of LiveWire Group by 201.0% during the third quarter. JPMorgan Chase & Co. now owns 30,166 shares of the company's stock valued at $184,000 after buying an additional 20,144 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. increased its position in shares of LiveWire Group by 14.7% in the 4th 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 during the period. Institutional investors and hedge funds own 0.88% of the company's stock.
About LiveWire Group
(
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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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