LiveWire Group, Inc. (NYSE:LVWR - Get Free Report)'s stock price traded up 14.1% on Tuesday . The stock traded as high as $4.45 and last traded at $4.30. 1,572,847 shares were traded during mid-day trading, an increase of 69% from the average session volume of 928,414 shares. The stock had previously closed at $3.77.
LiveWire Group Trading Down 1.5%
The firm's fifty day simple moving average is $2.01 and its two-hundred day simple moving average is $3.23. The company has a market capitalization of $1.14 billion, a price-to-earnings ratio of -12.16 and a beta of 1.73.
LiveWire Group (NYSE:LVWR - Get Free Report) last released its quarterly earnings data on Thursday, May 1st. The company reported ($0.09) EPS for the quarter. The business 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%.
Hedge Funds Weigh In On LiveWire Group
Several large investors have recently modified their holdings of the business. Charles Schwab Investment Management Inc. raised its holdings in 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 buying an additional 5,968 shares during the period. JPMorgan Chase & Co. increased 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 valued at $320,000 after acquiring an additional 36,357 shares during the last quarter. Wexford Capital LP acquired a new stake in shares of LiveWire Group during the fourth quarter valued at about $87,000. Nuveen LLC purchased a new stake in shares of LiveWire Group in the 1st quarter valued at approximately $43,000. Finally, Rhumbline Advisers lifted its holdings 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 acquiring an additional 3,167 shares during the last quarter. Institutional investors and hedge funds 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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