Shares of Falcon's Beyond Global, Inc. (NASDAQ:FBYD - Get Free Report) saw an uptick in trading volume on Monday . 14,702 shares traded hands during trading, a decline of 17% from the previous session's volume of 17,686 shares.The stock last traded at $6.29 and had previously closed at $5.70.
Falcon's Beyond Global Stock Performance
The firm has a market capitalization of $712.22 million, a price-to-earnings ratio of 57.94 and a beta of -1.67. The business's 50 day moving average is $6.60 and its 200-day moving average is $7.10.
Falcon's Beyond Global (NASDAQ:FBYD - Get Free Report) last posted its earnings results on Thursday, May 15th. The company reported ($0.13) EPS for the quarter. Falcon's Beyond Global had a negative return on equity of 1.43% and a net margin of 18.35%.
Hedge Funds Weigh In On Falcon's Beyond Global
Several large investors have recently made changes to their positions in FBYD. Geode Capital Management LLC grew its stake in Falcon's Beyond Global by 22.8% in the fourth quarter. Geode Capital Management LLC now owns 51,084 shares of the company's stock valued at $397,000 after purchasing an additional 9,499 shares in the last quarter. Northern Trust Corp bought a new position in Falcon's Beyond Global during the 4th quarter worth $89,000. Wealth Enhancement Advisory Services LLC raised its holdings in Falcon's Beyond Global by 20.0% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 16,841 shares of the company's stock worth $135,000 after purchasing an additional 2,806 shares during the last quarter. Cassaday & Co Wealth Management LLC bought a new position in shares of Falcon's Beyond Global in the 1st quarter worth about $90,000. Finally, AllGen Financial Advisors Inc. acquired a new stake in shares of Falcon's Beyond Global during the 1st quarter worth approximately $209,000. Institutional investors and hedge funds 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.
Further Reading
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