LiveWire Group (NYSE:LVWR) Trading Down 2.5%

Shares of LiveWire Group, Inc. (NYSE:LVWR) traded down 2.5% during mid-day trading on Thursday . The stock traded as low as $6.54 and last traded at $6.69. 1,644 shares were traded 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 Up 0.6 %

The company has a fifty day moving average of $8.87 and a 200-day moving average of $9.54.

LiveWire Group (NYSE:LVWR) last posted its quarterly earnings data on Thursday, February 8th. The company reported ($0.16) earnings per share (EPS) for the quarter. The firm 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 Investors Weigh In On LiveWire Group

Several large investors have recently bought and sold shares of LVWR. Barclays PLC purchased a new stake in LiveWire Group during the 2nd quarter worth about $27,000. Citigroup Inc. purchased a new stake in LiveWire Group during the 2nd quarter worth about $39,000. California State Teachers Retirement System purchased a new stake in LiveWire Group during the 2nd quarter worth about $43,000. Wells Fargo & Company MN increased its holdings in shares of LiveWire Group by 904.2% in the 2nd quarter. Wells Fargo & Company MN now owns 5,021 shares of the company’s stock valued at $59,000 after acquiring an additional 4,521 shares during the last quarter. Finally, MetLife Investment Management LLC purchased a new position in shares of LiveWire Group in the 2nd quarter valued at about $75,000. Hedge funds and other institutional investors own 0.88% of the company’s stock.

About LiveWire Group

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.