Shares of LiveWire Group, Inc. (NYSE:LVWR – Get Free Report) fell 4.8% during mid-day trading on Friday . The stock traded as low as $7.12 and last traded at $7.12. 1,023 shares were traded during trading, a decline of 96% from the average session volume of 23,922 shares. The stock had previously closed at $7.48.
Analyst Upgrades and Downgrades
Separately, Citigroup lowered their price objective on shares of LiveWire Group from $7.75 to $7.25 and set a “neutral” rating for the company in a research report on Thursday, May 9th.
View Our Latest Analysis on LVWR
LiveWire Group Trading Up 2.4 %
LiveWire Group (NYSE:LVWR – Get Free Report) last announced its earnings results on Thursday, April 25th. The company reported ($0.12) EPS for the quarter. LiveWire Group had a negative return on equity of 49.54% and a negative net margin of 317.96%. The business had revenue of $4.98 million for the quarter.
Insider Buying and Selling
In related news, Director Kjell Gruner sold 5,208 shares of the stock in a transaction on Thursday, May 30th. The shares were sold at an average price of $6.39, for a total transaction of $33,279.12. Following the completion of the transaction, the director now owns 18,969 shares in the company, valued at $121,211.91. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Over the last 90 days, insiders sold 43,208 shares of company stock worth $284,733. 1.92% of the stock is owned by insiders.
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.
Featured Articles
- Five stocks we like better than LiveWire Group
- Using the MarketBeat Stock Split Calculator
- What’s Behind Walgreens Stock Plunge: What Investors Can Do Next
- What Does a Gap Up Mean in Stocks? How to Play the Gap
- MarketBeat Week in Review – 6/24 – 6/28
- Using the MarketBeat Dividend Yield Calculator
- General Mills Stock Drops After Revenue Miss in Fiscal Q4 2024
Receive News & Ratings for LiveWire Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for LiveWire Group and related companies with MarketBeat.com's FREE daily email newsletter.