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

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

LiveWire Group Stock Down 1.9 %

The business has a fifty day moving average price of $7.98 and a two-hundred day moving average price of $9.51.

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

A hedge fund recently bought a new stake in LiveWire Group stock. Barclays PLC purchased a new position in shares of LiveWire Group, Inc. (NYSE:LVWR) in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 2,236 shares of the company’s stock, valued at approximately $27,000. 0.88% of the stock is owned by institutional investors and hedge funds.

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.