Shares of Falcon's Beyond Global, Inc. (NASDAQ:FBYD - Get Free Report) gapped down prior to trading on Friday . The stock had previously closed at $7.63, but opened at $7.40. Falcon's Beyond Global shares last traded at $7.36, with a volume of 1,452 shares trading hands.
Falcon's Beyond Global Stock Up 0.1%
The company's 50 day moving average is $6.36 and its 200 day moving average is $6.87. The firm has a market capitalization of $922.02 million, a price-to-earnings ratio of 75.00 and a beta of -1.77.
Falcon's Beyond Global (NASDAQ:FBYD - Get Free Report) last announced its quarterly earnings data on Thursday, May 15th. The company reported ($0.13) earnings per share (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
Large investors have recently bought and sold shares of the company. Cassaday & Co Wealth Management LLC acquired a new stake in Falcon's Beyond Global during the first quarter worth about $90,000. Northern Trust Corp bought a new position in shares of Falcon's Beyond Global in the fourth quarter worth about $89,000. HighTower Advisors LLC acquired a new stake in shares of Falcon's Beyond Global in the 1st quarter valued at approximately $124,000. Wealth Enhancement Advisory Services LLC boosted its stake in shares of Falcon's Beyond Global by 20.0% in the 4th 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 in the last quarter. Finally, AllGen Financial Advisors Inc. acquired a new stake in shares of Falcon's Beyond Global in the 1st quarter valued at approximately $209,000. 38.88% of the stock is currently owned by institutional investors and hedge funds.
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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