In the last trading session, 1.25 million shares of the LiveWire Group Inc (NYSE:LVWR) were traded, and its beta was 1.75. Most recently the company’s share price was $5.19, and it changed around $0.07 or 1.37% from the last close, which brings the market valuation of the company to $1.06B. LVWR currently trades at a discount to its 52-week high of $9.04, offering almost -74.18% off that amount. The share price’s 52-week low was $0.93, which indicates that the current value has risen by an impressive 82.08% since then. We note from LiveWire Group Inc’s average daily trading volume that its 10-day average is 1.93 million shares, with the 3-month average coming to 3.85 million.
LiveWire Group Inc stock received a consensus recommendation rating of Hold, based on a mean score of 3.00. If we narrow it down even further, the data shows that 0 out of 1 analysts rate the stock as a Sell; another 0 rate it as Overweight. Among the rest, 1 recommended LVWR as a Hold, whereas 0 deemed it a Buy, and 0 rated it as Underweight. LiveWire Group Inc is expected to report earnings per share of 0 for the current quarter.
LiveWire Group Inc (NYSE:LVWR) trade information
Instantly LVWR has showed a green trend with a performance of 1.37% at the end of last trading. The performance over the last five days has remained in the red territory. The rise to weekly highs of 9.04 on recent trading dayincreased the stock’s daily price by 42.59%. The company’s shares are currently up 7.90% year-to-date, but still down -30.61% over the last five days. On the other hand, LiveWire Group Inc (NYSE:LVWR) is 347.41% up in the 30-day period. We can see from the shorts that 2.21 million shares have been sold at a short interest cover period of 0.22 day(s).
The consensus price target as assigned by Wall Street analysts is $7.5, which translates to bulls needing to increase their stock price by 30.8% from its current value. Analyst projections state that LVWR is forecast to be at a low of $7.5 and a high of $7.5.
Looking at the company’s year-over-year earnings, the past five years showed a negative earnings growth rate of -3.60%.
LVWR Dividends
LiveWire Group Inc’s next quarterly earnings report is expected to be released on 2024-Jul-24.
LiveWire Group Inc (NYSE:LVWR)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 94.62% of LiveWire Group Inc shares, and 1.00% of them are in the hands of institutional investors. The stock currently has a share float of 18.52%. LiveWire Group Inc stock is held by 69.0 institutions, with BLACKROCK INC. being the largest institutional investor. By 2024-06-30, it held 0.4071% of the shares, which is about 0.83 million shares worth $6.34 million.
GEODE CAPITAL MANAGEMENT, LLC, with 0.1057% or 0.21 million shares worth $1.64 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
