LiveWire Group (NYSE:LVWR) Shares Down 2.7%

LiveWire Group, Inc. (NYSE:LVWR - Get Free Report)'s share price was down 2.7% during mid-day trading on Tuesday . The stock traded as low as $7.60 and last traded at $7.60. Approximately 1,210 shares changed hands during trading, a decline of 95% from the average daily volume of 25,203 shares. The stock had previously closed at $7.81.

LiveWire Group Price Performance

The stock has a market cap of $1.42 billion, a P/E ratio of -13.21 and a beta of 0.95. The firm's 50-day moving average price is $7.98 and its 200-day moving average price is $9.51.

LiveWire Group (NYSE:LVWR - Get Free Report) last released its quarterly earnings data on Thursday, February 8th. The company reported ($0.16) earnings per share (EPS) for the quarter. The company had revenue of $15.09 million for the quarter. LiveWire Group had a negative net margin of 288.11% and a negative return on equity of 43.28%.

Institutional Investors Weigh In On LiveWire Group

An institutional investor recently bought a new position in LiveWire Group stock. Barclays PLC acquired a new position in shares of LiveWire Group, Inc. (NYSE:LVWR - Free Report) in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 2,236 shares of the company's stock, valued at approximately $27,000. Hedge funds and other 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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