LiveWire Group (NYSE:LVWR) Shares Up 4.2% – Time to Buy?

by · The Markets Daily

LiveWire Group, Inc. (NYSE:LVWR – Get Free Report)’s stock price rose 4.2% during mid-day trading on Monday . The stock traded as high as $0.76 and last traded at $0.7250. 325,917 shares changed hands during trading, a decline of 25% from the average daily volume of 434,343 shares. The stock had previously closed at $0.6955.

Analyst Ratings Changes

Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of LiveWire Group in a report on Tuesday, April 21st. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company presently has a consensus rating of “Sell”.

View Our Latest Research Report on LVWR

LiveWire Group Stock Performance

The company has a 50-day moving average price of $1.23 and a two-hundred day moving average price of $1.91. The stock has a market capitalization of $137.73 million, a P/E ratio of -1.82 and a beta of 1.71. The company has a quick ratio of 3.60, a current ratio of 4.29 and a debt-to-equity ratio of 2.62.

LiveWire Group (NYSE:LVWR – Get Free Report) last announced its quarterly earnings results on Tuesday, May 5th. The company reported ($0.09) earnings per share (EPS) for the quarter. The firm had revenue of $5.12 million during the quarter. LiveWire Group had a negative return on equity of 137.09% and a negative net margin of 263.77%.

Institutional Trading of LiveWire Group

Several institutional investors and hedge funds have recently bought and sold shares of the company. Russell Investments Group Ltd. grew its position in shares of LiveWire Group by 82.0% during the 3rd quarter. Russell Investments Group Ltd. now owns 6,751 shares of the company’s stock valued at $32,000 after purchasing an additional 3,042 shares in the last quarter. Rhumbline Advisers raised its position in shares of LiveWire Group by 21.9% in the first quarter. Rhumbline Advisers now owns 17,655 shares of the company’s stock worth $35,000 after buying an additional 3,167 shares in the last quarter. BNP Paribas Financial Markets raised its position in shares of LiveWire Group by 117.6% in the third quarter. BNP Paribas Financial Markets now owns 9,363 shares of the company’s stock worth $44,000 after buying an additional 5,060 shares in the last quarter. O Shaughnessy Asset Management LLC bought a new stake in LiveWire Group during the fourth quarter valued at $49,000. Finally, Tower Research Capital LLC TRC boosted its stake in LiveWire Group by 119.5% during the second quarter. Tower Research Capital LLC TRC now owns 10,676 shares of the company’s stock valued at $49,000 after buying an additional 5,812 shares during the period. 0.88% of the stock is currently owned by hedge funds and other institutional investors.

LiveWire Group Company Profile

(Get Free Report)

LiveWire Group Inc (NYSE: LVWR) is an independent electric vehicle manufacturer specializing in high-performance two-wheelers and innovative urban mobility solutions. Established as a wholly owned subsidiary of Harley-Davidson Inc in 2018, the company was spun off in September 2022 following a merger with a special-purpose acquisition company, commencing trading as LiveWire Group. Since then, LiveWire has focused on scaling its core electric motorcycle business and developing a new generation of connected, battery-powered vehicles.

LiveWire’s product lineup is anchored by its first production model, the LiveWire One, known for its rapid acceleration, long-range battery architecture and integrated connectivity features.

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