Falcon's Beyond Global, Inc. (NASDAQ:FBYD - Get Free Report) dropped 8.3% during trading on Monday . The company traded as low as $5.75 and last traded at $5.28. Approximately 1,186 shares were traded during trading, a decline of 93% from the average daily volume of 17,504 shares. The stock had previously closed at $5.75.
Falcon's Beyond Global Price Performance
The firm has a market capitalization of $702.55 million, a PE ratio of 57.15 and a beta of -1.77. The business's fifty day moving average price is $6.41 and its 200 day moving average price is $6.98.
Falcon's Beyond Global (NASDAQ:FBYD - Get Free Report) last issued 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 Investors Weigh In On Falcon's Beyond Global
A number of hedge funds and other institutional investors have recently modified their holdings of the company. Northern Trust Corp acquired a new stake in shares of Falcon's Beyond Global in the fourth quarter worth approximately $89,000. Cassaday & Co Wealth Management LLC acquired a new position in Falcon's Beyond Global during the first quarter valued at approximately $90,000. HighTower Advisors LLC acquired a new position in Falcon's Beyond Global during the first quarter valued at approximately $124,000. Wealth Enhancement Advisory Services LLC lifted its position in Falcon's Beyond Global by 20.0% during 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 in the last quarter. Finally, AllGen Financial Advisors Inc. acquired a new position in Falcon's Beyond Global during the first quarter valued at approximately $209,000. 38.88% of the stock is currently owned by hedge funds and other institutional investors.
About Falcon's Beyond Global
(
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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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