LiveWire Group (NYSE:LVWR – Get Free Report) posted its quarterly earnings data on Thursday. The company reported ($0.12) earnings per share (EPS) for the quarter, reports. LiveWire Group had a negative return on equity of 47.00% and a negative net margin of 317.96%. The business had revenue of $4.98 million for the quarter.
LiveWire Group Stock Down 4.0 %
LVWR stock opened at $6.80 on Friday. LiveWire Group has a 52-week low of $5.71 and a 52-week high of $12.50. The stock’s 50 day moving average is $7.68 and its two-hundred day moving average is $9.45. The company has a market capitalization of $1.38 billion, a PE ratio of -12.83 and a beta of 0.95.
Institutional Investors Weigh In On LiveWire Group
A hedge fund recently bought a new stake in LiveWire Group stock. Barclays PLC bought a new position in LiveWire Group, Inc. (NYSE:LVWR – Free Report) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 2,236 shares of the company’s stock, valued at approximately $27,000. Institutional investors and hedge funds 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.
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