LiveWire Group (NYSE:LVWR) Shares Down 2.7%

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

LiveWire Group Price Performance

The firm has a 50-day simple moving average of $7.84 and a 200-day simple moving average of $9.48.

LiveWire Group (NYSE:LVWR) last announced its earnings results 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 return on equity of 43.28% and a negative net margin of 288.11%.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in LiveWire Group stock. Barclays PLC bought a new position in LiveWire Group, Inc. (NYSE:LVWR) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 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.

LiveWire Group Company Profile

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.