Falcon's Beyond Global, Inc. (NASDAQ:FBYD - Get Free Report) shares gapped down before the market opened on Thursday . The stock had previously closed at $7.61, but opened at $7.05. Falcon's Beyond Global shares last traded at $7.14, with a volume of 1,948 shares trading hands.
Falcon's Beyond Global Stock Performance
The firm has a market capitalization of $865.20 million, a price-to-earnings ratio of 71.12 and a beta of -1.77. The stock's fifty day moving average is $6.38 and its two-hundred day moving average is $6.90.
Falcon's Beyond Global (NASDAQ:FBYD - Get Free Report) last posted its quarterly earnings data on Thursday, May 15th. The company reported ($0.13) EPS for the quarter. Falcon's Beyond Global had a net margin of 18.35% and a negative return on equity of 1.43%.
Institutional Inflows and Outflows
A number of large investors have recently added to or reduced their stakes in the stock. HighTower Advisors LLC bought a new position in Falcon's Beyond Global during the 1st quarter valued at $124,000. AllGen Financial Advisors Inc. bought a new position in shares of Falcon's Beyond Global in the 1st quarter worth about $209,000. Cassaday & Co Wealth Management LLC bought a new position in shares of Falcon's Beyond Global in the 1st quarter worth about $90,000. Wealth Enhancement Advisory Services LLC lifted its position in shares of Falcon's Beyond Global by 147.4% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 41,657 shares of the company's stock worth $363,000 after buying an additional 24,816 shares during the last quarter. Finally, Northern Trust Corp bought a new position in shares of Falcon's Beyond Global in the 4th quarter worth about $89,000. 38.88% of the stock is currently owned by institutional investors.
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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