Falcon's Beyond Global, Inc. (NASDAQ:FBYD - Get Free Report) shares saw strong trading volume on Tuesday . 6,028 shares changed hands during mid-day trading, a decline of 26% from the previous session's volume of 8,185 shares.The stock last traded at $6.17 and had previously closed at $6.78.
Falcon's Beyond Global Stock Down 2.6%
The company has a market capitalization of $802.91 million, a price-to-earnings ratio of 16.88 and a beta of -1.77. The stock has a fifty day moving average price of $6.38 and a two-hundred day moving average price of $7.03.
Falcon's Beyond Global (NASDAQ:FBYD - Get Free Report) last announced its quarterly earnings data on Thursday, August 14th. The company reported $0.30 EPS for the quarter. The business had revenue of $2.55 million during the quarter. Falcon's Beyond Global had a negative return on equity of 60.87% and a net margin of 146.55%.
Institutional Investors Weigh In On Falcon's Beyond Global
A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Wealth Enhancement Advisory Services LLC grew its position in shares of Falcon's Beyond Global by 20.0% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 16,841 shares of the company's stock valued at $135,000 after purchasing an additional 2,806 shares during the period. Geode Capital Management LLC grew its position in Falcon's Beyond Global by 22.8% during the fourth quarter. Geode Capital Management LLC now owns 51,084 shares of the company's stock valued at $397,000 after acquiring an additional 9,499 shares during the period. Cassaday & Co Wealth Management LLC purchased a new stake in Falcon's Beyond Global during the first quarter valued at about $90,000. Northern Trust Corp purchased a new stake in Falcon's Beyond Global during the fourth quarter valued at about $89,000. Finally, HighTower Advisors LLC purchased a new stake in Falcon's Beyond Global during the first quarter valued at about $124,000. Hedge funds and other institutional investors own 38.88% of the company's stock.
Falcon's Beyond Global Company Profile
(
Get Free Report)
Falcon's Beyond Global, Inc is an experiential entertainment development enterprise. It connects the world by bringing stories to life through theme parks, resorts, animation, consumer products, gaming, and movies. The company propels intellectual property activations concurrently across physical and digital experiences through three core business units.
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