LiveWire Group (NYSE:LVWR) Stock Price Down 2.7%

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

LiveWire Group Trading Down 1.9 %

The company’s fifty day moving average is $7.98 and its 200-day moving average is $9.51.

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

Institutional Trading of LiveWire Group

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

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.