Falcon's Beyond Global, Inc. (NASDAQ:FBYD - Get Free Report) saw strong trading volume on Friday . 19,685 shares traded hands during mid-day trading, an increase of 12% from the previous session's volume of 17,511 shares.The stock last traded at $5.25 and had previously closed at $6.31.
Falcon's Beyond Global Trading Down 6.1%
The firm has a market capitalization of $716.33 million, a PE ratio of 51.64 and a beta of -1.77. The firm has a 50-day moving average of $6.43 and a two-hundred day moving average of $6.96.
Falcon's Beyond Global (NASDAQ:FBYD - Get Free Report) last posted its quarterly 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%.
Institutional Inflows and Outflows
Hedge funds have recently made changes to their positions in the stock. Geode Capital Management LLC boosted its stake in shares of Falcon's Beyond Global by 22.8% during the 4th quarter. Geode Capital Management LLC now owns 51,084 shares of the company's stock valued at $397,000 after buying an additional 9,499 shares during the period. Northern Trust Corp acquired a new position in shares of Falcon's Beyond Global during the fourth quarter worth approximately $89,000. Wealth Enhancement Advisory Services LLC lifted its holdings in 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 buying an additional 2,806 shares during the period. Cassaday & Co Wealth Management LLC acquired a new position in Falcon's Beyond Global in the first quarter valued at approximately $90,000. Finally, AllGen Financial Advisors Inc. bought a new stake in Falcon's Beyond Global in the first quarter valued at approximately $209,000. Institutional investors and hedge funds own 38.88% of the company's stock.
About Falcon's Beyond Global
(
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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