Shares of LiveWire Group, Inc. (NYSE:LVWR - Get Free Report) traded down 2.5% during mid-day trading on Thursday . The company traded as low as $6.54 and last traded at $6.69. 1,644 shares traded hands during mid-day trading, a decline of 94% from the average session volume of 26,775 shares. The stock had previously closed at $6.86.
LiveWire Group Stock Down 2.8 %
The firm has a market cap of $1.36 billion, a price-to-earnings ratio of -12.58 and a beta of 0.95. The business has a 50 day moving average price of $8.78 and a 200-day moving average price of $9.52.
LiveWire Group (NYSE:LVWR - Get Free Report) last issued its quarterly earnings results on Thursday, February 8th. The company reported ($0.16) EPS for the quarter. The business had revenue of $15.09 million during the quarter. LiveWire Group had a negative net margin of 288.11% and a negative return on equity of 43.28%.
Institutional Inflows and Outflows
Large investors have recently bought and sold shares of the company. Barclays PLC bought a new position in LiveWire Group during the 2nd quarter worth approximately $27,000. Citigroup Inc. bought a new position in LiveWire Group during the 2nd quarter worth approximately $39,000. California State Teachers Retirement System bought a new position in LiveWire Group during the 2nd quarter worth approximately $43,000. Wells Fargo & Company MN lifted its holdings in LiveWire Group by 904.2% during the 2nd quarter. Wells Fargo & Company MN now owns 5,021 shares of the company's stock worth $59,000 after buying an additional 4,521 shares during the last quarter. Finally, MetLife Investment Management LLC bought a new position in LiveWire Group during the 2nd quarter worth approximately $75,000. 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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