LiveWire Group, Inc. (NYSE:LVWR - Get Free Report) shares shot up 10.2% on Tuesday . The stock traded as high as $2.00 and last traded at $2.05. 25,336 shares changed hands during mid-day trading, a decline of 15% from the average session volume of 29,886 shares. The stock had previously closed at $1.86.
LiveWire Group Stock Performance
The firm has a market cap of $513.81 million, a P/E ratio of -4.53 and a beta of 1.03. The stock's 50-day moving average is $2.14 and its 200 day moving average is $4.05.
LiveWire Group (NYSE:LVWR - Get Free Report) last released its quarterly earnings data on Wednesday, February 5th. The company reported ($0.11) earnings per share 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 prior year, the firm posted ($0.16) EPS.
Institutional Investors Weigh In On LiveWire Group
Several large investors have recently made changes to their positions in LVWR. Wexford Capital LP bought a new stake in LiveWire Group in the 4th quarter valued at $87,000. Barclays PLC raised 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 valued at $159,000 after purchasing an additional 19,474 shares during the period. JPMorgan Chase & Co. raised its stake in shares of LiveWire Group by 201.0% in the 3rd quarter. JPMorgan Chase & Co. now owns 30,166 shares of the company's stock valued at $184,000 after purchasing an additional 20,144 shares during the period. Finally, Charles Schwab Investment Management Inc. boosted its position in shares of LiveWire Group by 14.7% during 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 period. Institutional investors own 0.88% of the company's stock.
LiveWire Group Company Profile
(
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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