LiveWire Group Inc [NYSE: LVWR] gained 56.79% or 1.63 points to close at $4.50 with a heavy trading volume of 63202126 shares.
The daily chart for LVWR points out that the company has recorded -28.57% loss over the past six months.
If we look at the average trading volume of 2.57M shares, LVWR reached to a volume of 63202126 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about LiveWire Group Inc [LVWR]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for LVWR shares is $7.25 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on LVWR stock is a recommendation set at 3.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Citigroup have made an estimate for LiveWire Group Inc shares, keeping their opinion on the stock as Neutral, with their previous recommendation back on October 24, 2022.
The Average True Range (ATR) for LiveWire Group Inc is set at 0.59, with the Price to Sales ratio for LVWR stock in the period of the last 12 months amounting to 37.54. The Price to Book ratio for the last quarter was 9.42, with the Price to Cash per share for the same quarter was set at 0.23.
Trading performance analysis for LVWR stock
LiveWire Group Inc [LVWR] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 345.54. With this latest performance, LVWR shares gained by 151.40% in over the last four-week period, additionally sinking by -28.57% over the last 6 months – not to mention a drop of -32.43% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for LVWR stock in for the last two-week period is set at 72.74, with the RSI for the last a single of trading hit 75.58, and the three-weeks RSI is set at 69.67 for LiveWire Group Inc [LVWR]. The present Moving Average for the last 50 days of trading for this stock 1.87, while it was recorded at 2.98 for the last single week of trading, and 4.22 for the last 200 days.
LiveWire Group Inc [LVWR]: A deeper dive into fundamental analysis
LiveWire Group Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.86 and a Current Ratio set at 2.85.
An analysis of Institutional ownership at LiveWire Group Inc [LVWR]
The top three institutional holders of LVWR stocks are: BLACKROCK INC. with ownership of 0.83 million shares, which is approximately 0.4071%. GEODE CAPITAL MANAGEMENT, LLC, holding 0.21 million shares of the stock with an approximate value of $$1.64 million in LVWR stocks shares; and GEODE CAPITAL MANAGEMENT, LLC, currently with $$1.22 million in LVWR stock with ownership which is approximately 0.0786%.
