LiveWire Group, Inc. (NYSE:LVWR - Get Free Report)'s stock price was down 9.8% during trading on Monday . The company traded as low as $3.83 and last traded at $4.06. Approximately 860,285 shares traded hands during mid-day trading, a decline of 6% from the average daily volume of 918,013 shares. The stock had previously closed at $4.50.
LiveWire Group Price Performance
The business has a 50-day moving average of $1.93 and a 200 day moving average of $3.21. The company has a market capitalization of $1.17 billion, a PE ratio of -12.46 and a beta of 1.04.
LiveWire Group (NYSE:LVWR - Get Free Report) last issued its quarterly earnings data on Thursday, May 1st. The company reported ($0.09) earnings per share (EPS) for the quarter. The firm had revenue of $2.74 million 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
Several large investors have recently bought and sold shares of LVWR. Rhumbline Advisers grew its stake in shares of LiveWire Group by 21.9% in the 1st quarter. Rhumbline Advisers now owns 17,655 shares of the company's stock worth $35,000 after buying an additional 3,167 shares in the last quarter. Nuveen LLC bought a new position in shares of LiveWire Group during the first quarter valued at approximately $43,000. Wexford Capital LP purchased a new stake in LiveWire Group in the fourth quarter worth $87,000. JPMorgan Chase & Co. increased its stake 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 buying an additional 36,357 shares during the period. Finally, Charles Schwab Investment Management Inc. lifted its holdings in 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 buying an additional 5,968 shares in 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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