LiveWire Group, Inc. (NYSE:LVWR - Get Free Report)'s stock price dropped 5.8% during trading on Tuesday . The stock traded as low as $2.10 and last traded at $2.10. Approximately 10,280 shares traded hands during trading, a decline of 65% from the average daily volume of 29,587 shares. The stock had previously closed at $2.23.
LiveWire Group Stock Performance
The business has a 50 day simple moving average of $2.20 and a 200-day simple moving average of $4.18. The firm has a market cap of $511.84 million, a price-to-earnings ratio of -4.52 and a beta of 1.03.
LiveWire Group (NYSE:LVWR - Get Free Report) last announced its earnings results on Wednesday, February 5th. The company reported ($0.11) 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%. During the same period in the previous year, the firm posted ($0.16) EPS.
Institutional Trading of LiveWire Group
Several institutional investors have recently made changes to their positions in the company. JPMorgan Chase & Co. grew its position in LiveWire Group by 120.5% in 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 in the last quarter. Charles Schwab Investment Management Inc. increased 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 worth $224,000 after buying an additional 5,968 shares during the last quarter. Barclays PLC raised its position in shares of LiveWire Group by 289.1% in the third quarter. Barclays PLC now owns 26,210 shares of the company's stock valued at $159,000 after purchasing an additional 19,474 shares during the period. Finally, Wexford Capital LP purchased a new stake in LiveWire Group during the 4th quarter worth about $87,000. 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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