LiveWire Group (NYSE:LVWR) Stock Price Up 3.8% – Time to Buy?

LiveWire Group, Inc. (NYSE:LVWR) shares traded up 3.8% on Tuesday . The company traded as high as $6.54 and last traded at $6.54. 2,166 shares traded hands during trading, a decline of 92% from the average session volume of 25,899 shares. The stock had previously closed at $6.30.

LiveWire Group Price Performance

The company has a market cap of $1.22 billion, a P/E ratio of -11.75 and a beta of 0.95. The stock has a fifty day moving average price of $6.18 and a two-hundred day moving average price of $6.67.

LiveWire Group (NYSE:LVWR) last announced its quarterly earnings results on Thursday, October 24th. The company reported ($0.11) earnings per share (EPS) for the quarter. The business had revenue of $4.45 million for the quarter. LiveWire Group had a negative return on equity of 60.75% and a negative net margin of 336.65%.

Institutional Trading of LiveWire Group

An institutional investor recently raised its position in LiveWire Group stock. Barclays PLC increased its position in LiveWire Group, Inc. (NYSE:LVWR) by 289.1% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 26,210 shares of the company’s stock after buying an additional 19,474 shares during the quarter. Barclays PLC’s holdings in LiveWire Group were worth $159,000 at the end of the most recent reporting period. 0.88% of the stock is currently owned by hedge funds and other institutional investors.

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.