LiveWire Group (NYSE:LVWR) Issues Quarterly Earnings Results

LiveWire Group (NYSE:LVWR) posted its quarterly earnings data on Wednesday. The company reported ($0.11) EPS for the quarter, Zacks reports. LiveWire Group had a negative net margin of 336.65% and a negative return on equity of 60.75%. During the same quarter in the prior year, the business earned ($0.16) earnings per share.

LiveWire Group Stock Performance

LVWR stock traded up $0.01 during mid-day trading on Friday, hitting $2.88. The company had a trading volume of 3,331 shares, compared to its average volume of 43,040. The firm has a market cap of $585.36 million, a PE ratio of -5.65 and a beta of 0.95. LiveWire Group has a 12 month low of $2.82 and a 12 month high of $11.36. The stock’s fifty day moving average price is $4.62 and its two-hundred day moving average price is $5.77.

Insider Activity

In other LiveWire Group news, CEO Karim Donnez sold 9,202 shares of the business’s stock in a transaction that occurred on Wednesday, November 27th. The shares were sold at an average price of $6.05, for a total value of $55,672.10. Following the completion of the transaction, the chief executive officer now owns 456,772 shares of the company’s stock, valued at $2,763,470.60. The trade was a 1.97 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders have sold a total of 12,729 shares of company stock valued at $76,841 over the last quarter. Company insiders own 1.92% 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.