LiveWire Group (NYSE:LVWR) Shares Down 3.9% – Should You Sell?

LiveWire Group, Inc. (NYSE:LVWR)’s stock price fell 3.9% during mid-day trading on Tuesday . The stock traded as low as $1.60 and last traded at $1.6050. 95,173 shares were traded during mid-day trading, a decline of 64% from the average session volume of 263,209 shares. The stock had previously closed at $1.67.

Analyst Ratings Changes

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of LiveWire Group in a research note on Thursday, January 22nd. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat, LiveWire Group presently has a consensus rating of “Sell”.

LiveWire Group Trading Down 3.9%

The company has a quick ratio of 3.95, a current ratio of 4.63 and a debt-to-equity ratio of 1.61. The firm has a market capitalization of $327.97 million, a P/E ratio of -4.34 and a beta of 1.83. The firm has a 50 day moving average of $2.56 and a 200-day moving average of $3.95.

LiveWire Group (NYSE:LVWR) last posted its quarterly earnings data on Tuesday, February 10th. The company reported ($0.09) EPS for the quarter. The company had revenue of $11.36 million for the quarter. LiveWire Group had a negative return on equity of 105.53% and a negative net margin of 292.59%.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of LVWR. Russell Investments Group Ltd. lifted its position in LiveWire Group by 82.0% during the third quarter. Russell Investments Group Ltd. now owns 6,751 shares of the company’s stock worth $32,000 after purchasing an additional 3,042 shares during the period. Rhumbline Advisers increased its holdings in LiveWire Group by 21.9% in the 1st quarter. Rhumbline Advisers now owns 17,655 shares of the company’s stock valued at $35,000 after buying an additional 3,167 shares during the period. Police & Firemen s Retirement System of New Jersey bought a new position in LiveWire Group in the 2nd quarter valued at about $35,000. BNP Paribas Financial Markets raised its position in shares of LiveWire Group by 117.6% in the 3rd quarter. BNP Paribas Financial Markets now owns 9,363 shares of the company’s stock valued at $44,000 after buying an additional 5,060 shares in the last quarter. Finally, O Shaughnessy Asset Management LLC acquired a new position in shares of LiveWire Group in the 4th quarter valued at approximately $49,000. Institutional investors and hedge funds own 0.88% of the company’s stock.

About LiveWire Group

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.