LiveWire Group, Inc. (NYSE:LVWR - Get Free Report) shares shot up 5.3% during mid-day trading on Thursday . The stock traded as high as $7.15 and last traded at $7.12. 3,663 shares changed hands during mid-day trading, a decline of 86% from the average session volume of 25,815 shares. The stock had previously closed at $6.76.
LiveWire Group Trading Up 8.9 %
The firm has a market cap of $1.50 billion, a P/E ratio of -14.34 and a beta of 0.95. The business has a 50-day moving average of $8.47 and a two-hundred day moving average of $9.47.
LiveWire Group (NYSE:LVWR - Get Free Report) last issued its quarterly earnings data on Thursday, February 8th. The company reported ($0.16) earnings per share for the quarter. The firm had revenue of $15.09 million for the quarter. LiveWire Group had a negative return on equity of 43.28% and a negative net margin of 288.11%.
Institutional Investors Weigh In On LiveWire Group
A number of institutional investors have recently made changes to their positions in LVWR. Vanguard Group Inc. lifted its stake in shares of LiveWire Group by 89.4% in the 4th quarter. Vanguard Group Inc. now owns 112,662 shares of the company's stock valued at $1,274,000 after purchasing an additional 53,180 shares during the period. American International Group Inc. lifted its stake in shares of LiveWire Group by 73.8% in the 4th quarter. American International Group Inc. now owns 9,566 shares of the company's stock valued at $108,000 after purchasing an additional 4,063 shares during the period. Barclays PLC lifted its stake in shares of LiveWire Group by 1,134.6% in the 4th quarter. Barclays PLC now owns 26,667 shares of the company's stock valued at $302,000 after purchasing an additional 24,507 shares during the period. Nuveen Asset Management LLC lifted its stake in shares of LiveWire Group by 48.1% in the 4th quarter. Nuveen Asset Management LLC now owns 21,628 shares of the company's stock valued at $245,000 after purchasing an additional 7,029 shares during the period. Finally, Northern Trust Corp lifted its stake in shares of LiveWire Group by 71.9% in the 4th quarter. Northern Trust Corp now owns 124,632 shares of the company's stock valued at $1,410,000 after purchasing an additional 52,109 shares during the period. Institutional investors 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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